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Article: IMF Expected to Vote on New Loan for Turkey
- Article from:
- Xinhua News Agency
- Article date:
- March 28, 2002
CopyrightCopyright 2002 Xinhua News Agency. Provided by ProQuest LLC. (Hide copyright information)
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The executive board of the International Monetary Fund (IMF) is
expected to vote in mid-Aprilon the next 1.1-billion-dollar
installment of a loan to Turkey, IMF spokesman Thomas Dawson said
Thursday.
An IMF mission gave generally high marks to Turkey's economic
performance when it finished its assessment March 18. But it said the
next payment will not come until the government identifies jobcuts at
state-run enterprises and makes a public debt management law work.
"Turkey has made a good start on its new economic program and to
cement ...