IMF'S Executive Board will make the seventh review and inflation consultation under the stand-by arrangement with Turkey at its meeting on Friday.

- 08 / 05 / 2008 09:25

IMF'S Executive Board will make the seventh review and inflation consultation under the stand-by arrangement with Turkey and assess the request for Waiver of Nonobservance of Performance Criteria at its meeting on Friday.

With the 7th review the three year stand-by arrangement is expected to be concluded successfully and the last 3.7 billion USD of credit tranche is expected to be released.

Talks regarding the course in which Turkey's relations with IMF will be carried out is expected to begin soon.