Tuesday, October 25, 2005

IMF set to release $1.6bn for Turkey in December

ANKARA -- The International Monetary Fund (IMF) is set to approve $1.6 billion (€1.36 billion) in loans for Turkey in December, after delays in reforms sought from Ankara prompted the Fund in July to freeze loans under a standby deal, officials in Ankara said on Tuesday.

Read the rest of the article on Middle East Times

See also: Turkey: Successful Reforms Lead to Economic Growth (Reporter.gr)

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