IMF calls for judicial and bureaucratic reform to sustain growth in Cyprus

By Dr Νicolas Kyriakides, Assistant Professor, Director of the Procedural Law Unit, University of Nicosia, President of the Reform Committee of the Cyprus Bar Association

In its latest Article IV Consultation report on Cyprus, released on 13 May 2025, the International Monetary Fund (IMF) praised the country’s solid economic performance but strongly emphasised the urgent need to improve the efficiency of its judicial system and to reduce bureaucratic obstacles that hinder investment and economic activity.