Saturday, May 10, 2008

IMF completes Turkey review, freeing up $3.65 billion loan - International Herald Tribune

"IMF completes Turkey review, freeing up $3.65 billion loan

WASHINGTON: The International Monetary Fund completed its final review Friday of Turkey's $10 billion (€6.4 billion) stand-by loan facility that is now drawing to a close after three years. Officials in Ankara have said there will be no new program and the country no longer needs IMF financing."

More:IMF completes Turkey review, freeing up $3.65 billion loan - International Herald Tribune