The IMF’s Executive Board on May 15 approved an augmentation of Turkey’s three-year Stand-By Arrangement by SDR 6.4 billion (about $8 billion), bringing the total to SDR 15 billion (about $19 billion). The full text of Press Release 01/23, including details of Turkey’s economic program, is available on the IMF’s website (www.imf.org).

Abstract

The IMF’s Executive Board on May 15 approved an augmentation of Turkey’s three-year Stand-By Arrangement by SDR 6.4 billion (about $8 billion), bringing the total to SDR 15 billion (about $19 billion). The full text of Press Release 01/23, including details of Turkey’s economic program, is available on the IMF’s website (www.imf.org).

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01/44: Inflation and Financial Depth, Mohsin S. Khan, Abdelhak S. Senhajdi, and Bruce Smith

01/45: Comparing Projections and Outcomes of IMF- Supported Programs, Alberto Musso and Steven Phillips

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IMF Survey, Volume 30, Issue 10
Author: International Monetary Fund. External Relations Dept.