ANKARA - A new timetable was determined for laws which delayed being passed from the parliament due to busy agenda of the parliament in the letter of intent which was sent to the International Monetary Fund (IMF).
Sources told the A.A correspondent on Wednesday that law on Direct Tax Reform was targeted to be passed from the parliament till November, law on development of governance in State Economic Enterprises (SEEs) was targeted to be passed till the end of the year and Public Financial Administration and Public Financial Administration and Control Law would be passed till the end of October.
Direct Tax Reform, Public Financial Administration and Control Law, Personnel Regime Law and law on development of governance in SEEs are among the laws which should have been passed earlier, but there was delay in the timetable.
Consensus on Public Financial Administration and Control Law's being passed from the parliament after recess of the parliament was reached with the IMF administration and it was targeted to be enacted till the end of October.
Sources said that the letter of intent said that a definite point was reached on selling of assets of Saving Deposits Insurance Fund (SDIF) and stated that Treasury would take over observing and regulating of non-bank loan institutions to Banking Regulatory and Supervisory Agency (BRSA).
The letter of intent said that Halk Bankasi would be privatized in 2003 and Ziraat Bankasi would be privatized in 2004.
It said that encouraging policies would be implemented in increasing of loans given to real sector by decreasing banking mediation and transaction costs.
(EÖ-AÖ) 30.07.2003