Friday, September 23, 2005

IMF says financing of Turkey's large C/A deficit risky if market sentiment shifts

The International Monetary Fund (IMF), in its World Economic Outlook report released ahead of the annual meetings of the IMF and the World Bank in Washington over the weekend, said the rising current account (C/A) deficit has underscored the need for the firm implementation of the IMF economic program and financing the deficit has risks despite high capital inflows.

Read the rest of the article on Turkish Daily News

See also: IMF team makes progress in Turkey (Dünya Online)

No comments: