Erdoğan: More people saying Turkey will overcome crisis without IMF support
Posted by meb at October 2nd, 2009
An increasing number of people believe Turkey has reached a point where it can overcome the ongoing global economic crisis without the support of the International Monetary Fund (IMF), Prime Minister Recep Tayyip Erdoğan said on Wednesday.
Speaking at the opening ceremony of the 2009-2010 academic year at Dokuz Eylül University, Erdoğan noted that since the crisis broke out, everyone has made recommendations on how Turkey can best overcome it. “There were people who claimed that Turkey could not overcome the crisis without the support of the IMF. They were saying a deal should have been signed with the IMF immediately. But we ignored these people,” he said. Erdoğan pointed out that they refused to sign an agreement without reaching a satisfactory compromise that would benefit Turkey. He explained that Turkey had talks with the IMF and evaluated the institution’s recommendations in the economic and financial fields but would not tolerate any intervention in the political sphere. “Turkey is not like it used to be, when it used to hold talks with the IMF in the event of the smallest crisis and when it agreed to every condition proposed by the IMF,” the prime minister said.
Talks with the IMF will continue, Erdoğan said. Every term of a possible deal will be discussed, he said, noting, however, that unless a deal is reached, Turkey will continue independently of IMF recommendations. “Optimistic views, as the crisis is about to end, have become more common,” he said, adding that the number of people who say that Turkey will soon overcome the crisis relying only on its own resources has increased.
source: Today’s Zaman
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