Turkish government and IMF almst reach an agreement, state minister
Posted by meb at December 24th, 2008
Turkish state minister said on Tuesday that the Turkish government had almost reached an agreement on the amount of loan with the International Monetary Fund (IMF) and he would invite IMF delegation to Turkey at the beginning of January.
Delivering a speech at a meeting on global economic crisis organized by the Association of Antalya’s Industrialists and Businessmen in the southern city of Antalya, State Minister Mehmet Şimşek said that they had taken measures against global economic crisis and launched new initiatives in regard to increasing sustainable and renewable energy sources.
“There is a very serious economic crisis. The government had foreseen this economic crisis in 2007. That’s why we made reforms and implementations. We earlier made preparations against this crisis, but Turkey cannot overcome it on its own,” he said.
Şimşek said there were some structural measures which should be fulfilled.
Economic crises could be important opportunities for Turkey and the country could catch several possibilities when markets started to get normalized, he said.
“We will give priority to EU reforms in the coming period and we will keep moving on our path with a plan,” Şimşek said.
source: Today’s Zaman
Related posts:
