Turkish State Minister Babacan said that talks continued with the IMF for a new deal.

Turkey says 17 deals with IMF could not be concluded earlier

Friday, 18 September 2009 16:56

Turkish State Minister Ali Babacan said on Friday that talks continued with the IMF for a new deal.

Babacan attended “Emerging Markets Summit 2009″ which The Economist magazine hosted in London.

Babacan gave information to participants about Turkey’s economy, global economic crisis and impacts of the economic crisis on Turkish economy.

Commenting on relations with the IMF, Babacan said 17 deals had been signed with the IMF before the Justice & Development (AK) Party government, noting the deals could not be concluded.

He said the 18th deal was concluded in 2005 and the 19th deal was concluded in 2008.

http://www.worldbulletin.net/news_detail.php?id=47416

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