Cyprus bailout program is working well and the country makes progress under that program, a spokesperson of the IMF stressed recently.
Jerry Rice said that the IMF has an excellent relation with Cyprus authorities and the country continues to make progress.
“We have excellent relationship with the Cypriot authorities under this program. It has worked well, it is working well and Cyprus continues to make progress under the program”, he said.
Rice noted that “the credit is down to the Cypriot authorities and the Cypriot people who have made the commitments and the effort under difficult circumstances”.
Source: InCyprus