IMF makes 126.3m euros available for Cyprus after review

The International Monetary Fund is making about 126.3 million euros available for disbursement to Cyprus after completing its review of the island’s economic adjustment program, the Fund said in a statement on Friday.

The IMF, which said it still has one more review to complete, said Friday’s move brings the total disbursements under the program to about 1 billion euros.

The Cyprus Mail is the only English-language daily newspaper published in Cyprus. It was established in 1945 and today, with its popular and widely-read website, the Cyprus Mail is among the most trusted news sites in Cyprus. The newspaper is not affiliated with any political parties and has always striven to maintain its independence. Over the past 70-plus years, the Cyprus Mail, with a small dedicated team, has covered momentous events in Cyprus’ modern history, chronicling the last gasps of British colonial rule, Cyprus’ truncated independence, the coup and Turkish invasion, and the decades of negotiations to stitch the divided island back together, plus a myriad of scandals, murders, and human interests stories that capture the island and its -people. Observers describe it as politically conservative.