## Turkey: Request for Stand-By Arrangement-Staff Report; Staff Supplement and Staff Statement; and Press Release on the Executive Board Discussion

_IMF Staff Country Reports, July 5, 2002_

## Source details

**Canonical URL:** [Turkey: Request for Stand-By Arrangement-Staff Report; Staff Supplement and Staff Statement; and Press Release on the Executive Board Discussion](https://www.imf.org/en/publications/cr/issues/2016/12/30/turkey-request-for-stand-by-arrangement-staff-report-staff-supplement-and-staff-statement-15924)

## Other formats

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## Bibliographic details
- Authors: Arrangement-Staff Report
- Published: July 5, 2002
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451838091.002

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### Executive summary
- This paper examines Turkey’s Request for a Stand-By Arrangement (SBA).
- The program contains several measures to free up the growth potential of Turkey’s private sector.
- The program rightly addresses key obstacles to domestic and foreign private investment.
- Although the program faces real risks, Turkey’s policy record under the May 2001 program increases the likelihood of the new program being implemented as planned and achieving its key objectives.
- The IMF staff recommends the approval of the proposed SBA.

### Key findings and analysis
- The program focuses on measures to free up private sector growth potential.
- It addresses key obstacles to domestic and foreign private investment.
- Turkey’s policy record under the May 2001 program is cited as increasing the likelihood of successful implementation of the new program.
- The program faces real risks (unspecified in this overview).

### Policy recommendations
- IMF staff recommends approval of the proposed Stand-By Arrangement (SBA).

### Subjects and keywords (as listed)
- Subjects: Banking, Commercial banks, Economic sectors, External debt, Financial institutions, Inflation, Monetary base, Prices, Public debt, Public sector
- Keywords: bank, banking reform, Commercial banks, CR, credit, floating exchange rate regime, Global, Inflation, ISCR, Public sector, SDIF bank, SDR, stand-by credit, state bank, targeted disinflation

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_Source: https://www.imf.org/en/publications/cr/issues/2016/12/30/turkey-request-for-stand-by-arrangement-staff-report-staff-supplement-and-staff-statement-15924_