Turkey And IMF To Go On Talks To Complete Stand-by Deal Before May 10

WASHINGTON, D.C. - The International Monetary Fund (IMF) said Thursday the fund and Turkey decided to continue negotiations to complete the current stand-by deal with success before May 10th.
Turkey`s State Minister Mehmet Simsek for Treasury had a meeting with IMF Managing Director Dominique Strauss-Kahn in Washington, D.C. on Thursday.
In their meeting, Simsek briefed Kahn on recent economic developments in Turkey and Turkish economy`s outlook, an IMF executive told the AA correspondent.
The IMF executive said Simsek and Kahn agreed to go on talks between Turkish authorities and IMF in order to complete the stand-by arrangement with success before the deal expires on May 10th.
(BRC-MS)