Turkey: Sixth and Seventh Review Under the Stand-By Arrangement; Staff Supplement; and Press Release on the Executive Board Discussion
June 14, 2001
Download PDF
More Formats on IMF eLibrary
Order a Print CopySummary
Turkey showed good macroeconomic performance under the Stand-By Arrangement. Executive Directors stressed the need to maintain strong fiscal and monetary policies, and accelerate structural reforms. They appreciated the authority's efforts to reestablish the fiscal solvency and the adoption of the new central bank law. They agreed that the full implementation of the economic program would help restore macroeconomic stability and address the structural root causes of the country's problems, thereby laying the foundations for the resumption of growth.
Subject: Banking, Commercial banks, Financial services, Foreign currency exposure, Foreign exchange, Inflation, Money, Prices, Public debt, Real interest rates
Keywords: CR, drawings of SDR, floating exchange rate framework, Foreign currency exposure, Inflation, inflation targeting framework, ISCR, Real interest rates, reform of the banking sector, SDIF bank, SDR, stand-by credit
Pages:
113
Volume:
2001
DOI:
Issue:
089
Series:
Country Report No. 2001/089
Stock No:
1TUREA0012001
ISBN:
9781451838022
ISSN:
1934-7685
