Turkey [electronic resource] : Sixth and Seventh Review Under the Stand-By Arrangement; Staff Supplement; and Press Release on the Executive Board Discussion.

By: International Monetary FundMaterial type: TextTextSeries: IMF Staff Country Reports, Country Report ; No. 01/89Publication details: Washington, D.C. : International Monetary Fund, 2001Description: 1 online resource (113 p.)ISBN: 1451838026 :ISSN: 1934-7685Subject(s): Debt | Interest Rates | Interest | Public Sector | Stand-By Arrangement Reviews | TurkeyAdditional physical formats: Print Version:: Turkey : Sixth and Seventh Review Under the Stand-By Arrangement; Staff Supplement; and Press Release on the Executive Board DiscussionOnline resources: IMF e-Library | IMF Book Store Abstract: 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.
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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.

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