Turkey : Fifth Review Under the Stand-By Arrangement, Request for Waiver of Performance Criteria and Extension of Repurchase Expectations-Staff Report; Staff Supplement; and Press Release on the Executive Board Discussion

Author/Editor:

International Monetary Fund

Publication Date:

October 16, 2003

Electronic Access:

Free Full text (PDF file size is 2885 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

Turkey showed strong implementation of macroeconomic policies and economic reforms under the Stand-By Arrangement (SBA). Executive Directors commended the disinflation, debt reduction, and sustained economic growth, and stressed the need to safeguard macroeconomic stability and accelerate structural reforms. They welcomed the European Union-related legislation, and commended The Central Bank of Turkey for its monetary policy and the Banking Regulation and Supervision Agency in its supervision of banks. They agreed that Turkey has successfully completed the fifth review under the SBA, and granted waiver.

Series:

Country Report No. 03/324

Subject:

English

Publication Date:

October 16, 2003

ISBN/ISSN:

9781451838046/1934-7685

Stock No:

1TUREA0012003

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

84

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