Thursday, March 26, 2009

IMF may prefer a longer-term standby deal with Turkey

"IMF may prefer a longer-term standby deal with Turkey
*Turkey welcomes more flexible IMF lending policy

By Hatice Aydogdu
GAZIANTEP, Turkey, March 26 (Reuters) - The International Monetary Fund may prefer longer-term standby deals with countries such as Turkey, Economy Minister Mehmet Simsek said late on Wednesday.
The protracted deal talks between the IMF and Ankara were suspended in January, and Simsek said in a second interview with Reuters and Bloomberg in southeast Turkey it would be positive if the global lender showed more flexibility."

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