VOL. XLIV
No. 07
12-February-2001
TURKEY
Turkey Receives IMF TrancheDespite Failure To Pass Energy Liberalization Law
Following the fifth review ofTurkeys economic program under a three-year International Monetary Fund (IMF)stand-by credit worth $3.8bn that was approved in December 1999, the TurkishGovernment on 5 February received a $1.4bn loan installment from the IMF. Thiscomes despite the fact that the Turkish parliament has failed to pass an energyliberalization law which the government...
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