WASHINGTON, D.C.: International Monetary Fund (IMF) chief Christine Lagarde praised on Monday (Tuesday in Manila) Cyprus’s decision to end its bailout program two months early after the eurozone country regained its financial footing.

The IMF’s part of the IMF-European Union rescue program was due to expire on May 14. Cyprus also ended its loan program with the European institutions slightly early; it was supposed to expire this month.

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