Turkey : Request for Stand-By Arrangement and Extension of Repurchase Expectations; Staff Report; Staff Supplements; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Turkey.

This paper discusses Turkey's Request for Stand-By Arrangement (SBA) and Extension of Repurchase Expectations. Turkey's economic program has delivered impressive results. Output has grown rapidly, inflation has fallen to its lowest level in a generation, and government debt has declined ma...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2005.
Series:IMF Staff Country Reports; Country Report ; No. 2005/412
Online Access:Full text available on IMF
Description
Summary:This paper discusses Turkey's Request for Stand-By Arrangement (SBA) and Extension of Repurchase Expectations. Turkey's economic program has delivered impressive results. Output has grown rapidly, inflation has fallen to its lowest level in a generation, and government debt has declined markedly. However, significant vulnerabilities remain. The authorities have prepared a three-year economic program for which they are seeking the support of the IMF. Implemented successfully, the program should help Turkey converge toward the economies of the European Union and exit successfully from IMF financial support.
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Physical Description:1 online resource (141 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Access:Electronic access restricted to authorized BRAC University faculty, staff and students