IMF delegation concludes studies in Turkey

IMF delegation will continue to visit Turkey once in every six months till 2013, the time when Turkey's debt to IMF is totally paid.

IMF delegation concludes studies in Turkey

An International Monetary Fund (IMF) delegation headed by Turkey Desk Chief Rachel Van Elkan concluded talks on Friday within the scope of the Post-Program Monitoring process (PPM).

The IMF delegation began talks in Istanbul on November 30 by meeting with private sector and later proceeded to Ankara. The delegation examined the economic developments recorded after conclusion of Turkey's stand-by program.

IMF delegation is expected to prepare its PPM report after returning to Washington D.C. and submit its report to Executive Board of Directors.

IMF delegation visits the country once in every six months till the loan was totally paid.

IMF, in its first PPM report published together with the 4th article, stated that main problem for Turkey was to keep outside imbalances under control which would give damage to economic recovery.

IMF delegation will continue to visit Turkey once in every six months till 2013, the time when Turkey's debt to IMF is totally paid.

AA

Last Mod: 10 Aralık 2010, 13:07
Add Comment