13 May 2010, Thursday
IMF team to visit Turkey for Article IV consultations
An International Monetary Fund (IMF) team, led by IMF Turkey desk chief Rachel van Elkan, will begin its consultations in Turkey within the context of the Article IV process, the Treasury Undersecretariat has announced.
The IMF team will meet with representatives of the private sector and relevant nongovernmental organizations in İstanbul on May 13-14, a written statement released on Wednesday read. It is set to start official consultations with authorities in Ankara on May 17, the Treasury announced.
Within the context of the consultations, the latest economic developments and the medium and long-term outlook of the Turkish economy will be discussed in addition to the country’s efforts regarding ongoing structural reforms, the statement read.
Turkey and the IMF suspended prolonged talks over a possible stand-by deal, which had been continuing since May 2008, in March. IMF economists visit member countries once a year under Article IV consultations to gather information and hold discussions with governments and central bank officials, and often also with private investors, labor representatives, members of parliament and civil society organizations.
IMF team to visit Turkey for Article IV consultations
An International Monetary Fund (IMF) team, led by IMF Turkey desk chief Rachel van Elkan, will begin its consultations in Turkey within the context of the Article IV process, the Treasury Undersecretariat has announced.
The IMF team will meet with representatives of the private sector and relevant nongovernmental organizations in İstanbul on May 13-14, a written statement released on Wednesday read. It is set to start official consultations with authorities in Ankara on May 17, the Treasury announced.
Within the context of the consultations, the latest economic developments and the medium and long-term outlook of the Turkish economy will be discussed in addition to the country’s efforts regarding ongoing structural reforms, the statement read.
Turkey and the IMF suspended prolonged talks over a possible stand-by deal, which had been continuing since May 2008, in March. IMF economists visit member countries once a year under Article IV consultations to gather information and hold discussions with governments and central bank officials, and often also with private investors, labor representatives, members of parliament and civil society organizations.
