ANKARA - Turkey's central bank said on Monday that it would be beneficial to reach an agreement with the International Monetary Fund (IMF).
Durmus Yilmaz, the governor of the Central Bank of Turkey, expressed his thought that it would be beneficial to sign an agreement with the IMF if Turkey had some problems in maintaining the financial discipline.
"However, what is important is to decide what to do on our own national will," Yilmaz told a press conference in the Turkish capital of Ankara.
Yilmaz said that if Turkey could go on making reforms on its own will, it did not need the fund.
"Otherwise, it means that we need the IMF," he also said.
On moving the bank to Turkey's commercial hub of Istanbul, Yilmaz said that the government had sent a draft law to the parliament and the bank would decide what to do according to the outcome of the vote on the draft.
Talking about recent developments including the closure case against the ruling Justice & Development (AK) Party and a possible early general elections, Yilmaz said that economy management should always be prepared for any developments that might affect economic figures.
"We have required instruments and facilities, and we are monitoring the developments," Yilmaz said.
Yilmaz also said that the economy management was doing what was necessary and taking all required measures.
(BRC-MS)
(ECO)