Turkey : Fifth Review and Inflation Consultation Under the Stand-By Arrangement, Request for Waiver of Nonobservance and Applicability of Performance Criteria, Modification of Performance Criteria, and Rephasing of Purchases: Staff Report; Staff Supplement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Turkey

Author/Editor:

International Monetary Fund

Publication Date:

May 11, 2007

Electronic Access:

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Summary:

Turkey’s Fifth Review and Inflation Consultation under the Stand-By Arrangement and a Request for Waiver of Nonobservance and Applicability of Performance Criteria are discussed. Despite sharply higher interest rates, a weaker lira, and lower asset prices, economic activity has remained robust and foreign direct investment inflows buoyant. Balance sheets have also proven resilient. Achieving efficiency gains in the provision of health services and strengthening tax enforcement are crucial for the sustainability of public finances.

Series:

Country Report No. 07/161

Subject:

English

Publication Date:

May 11, 2007

ISBN/ISSN:

9781451838190/1934-7685

Stock No:

1TUREA2007001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

96

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