Crisis: IMF will decide on March 28th on next Cyprus' tranche

cyprus-mail.com

(ANSAmed) - NICOSIA, MARCH - Crisis: IMF will decide on March 28th on next Cyprus' tranche...

The International Monetary Fund (Imf) board will gather on March 28 to decide on the disbursement of the next tranche of its contribution in Cyprus' bailout, as Cna reports.

Replying to a question IMF spokesman Gerry Rice said that that the Imf mission, together with its partners in the EU and the European Central Bank completed on February 11 their talks with the Cypriot government in the context of the third review of Cyprus' programme.

The Imf's board, he continued, has scheduled to discuss the third review on March 28, adding that as usual the mission's report will then be published.

Replying to a question over the resignation of Cyprus Central Bank Governor Panicos Demetriades and the appointment of Chrystalla Georghadji, Rice said that the Imf looks forward in engaging with the new governor in the context of talks with Cypriot authorities over Cyprus' programme as well as the Imf's regular contact with the authorities of a member state and the head of the central bank.

businessinsider.com

Georghadji, who heads the Auditor General's Office, will succeed Demetriades who resigned on Monday citing personal and family reasons. She assumes her duties on April 11.

(ANSAmed).