Advertisement 
The International Monetary Fund revised upwards the growth rate of the Cypriot economy, compared to its forecasts for last April.According to the World Economic Outlook (WEO) published on Tuesday, the growth rate of the Cypriot economy for 2021 will be 4.8% compared to a recession of 5.1% recorded in 2020. The growth rate was projected at 3% in last April`s WEO. Growth for 2022 is projected at 3.6%, compared to 3.9% projected in April. According to the IMF, unemployment is projected …
Advertisement
Advertisement
