Turkey: Second Review Under the Stand-By Arrangement-Staff Report; Staff Statement; News Brief on the Executive Board Discussion; and Statement by the Authorities of Turkey

October 23, 2002

Preview Citation

Format: Chicago

Turkey: Second Review Under the Stand-By Arrangement-Staff Report; Staff Statement; News Brief on the Executive Board Discussion; and Statement by the Authorities of Turkey, (USA: International Monetary Fund, 2002) accessed November 29, 2024

Summary

This paper evaluates Turkey’s Second Review Under the Stand-By Arrangement (SBA). Since the completion of the Article IV Consultation and the first review in April 2002, macroeconomic policies have remained in line with the program. All quantitative performance criteria for end-March and end-April have been met. In light of continued strong program implementation, the IMF staff recommends the completion of the second review. Strict implementation has already produced tangible economic gains, and the authorities are determined to stay the course.

Subject: Banking, Credit, Economic sectors, Monetary base, Money, Privatization, Public debt, Public sector

Keywords: Asia and Pacific, Capital, Capital increase, Capital shortfall, CR, Credit, Financial market development, Global, Inflation expectation, ISCR, Monetary base, Privatization, Public sector, Reform effort, Stand-by credit

Publication Details

Pages:

95
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2002/229
Stock No:

1TUREA0062002
ISBN:

9781451838121
ISSN:

1934-7685

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