01722cas a2200301 a 4500 AALejournalIMF021835 230101c9999 xx r poo 0 0eng d 5.00 USD 9781513587646 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. European Dept. Cyprus : 2021 Article IV Consultation-Press Release; and Staff Report. Washington, D.C. : International Monetary Fund, 2021. 1 online resource (82 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students The COVID-19 pandemic has interrupted Cyprus's strong economic growth over the past few years. High dependence on service sectors and strict containment measures led real output to contract by 5.1 percent (yoy) during 2020. Growth is projected to recover to 3 percent in 2021 as the vaccine rollout gathers pace despite the ongoing new wave of infections, but significant downside risks remain, reflecting the high uncertainty of the path of the epidemic. Mode of access: Internet International Agreements imf International Organizations imf Monetary Policy imf Observance imf Cyprus imf IMF Staff Country Reports; Country Report ; No. 2021/125 Full text available on IMF http://elibrary.imf.org/view/journals/002/2021/125/002.2021.issue-125-en.xml IMF e-Library