WASHINGTON D.C., Jan 17 (A.A) - State Minister Kemal Dervis for Economy said on Thursday that the letter of intent had been completed except some minor details and that the Central Bank Governor and he would sign it on Friday.
During his press conference, Prime Minister Bulent Ecevit was asked whether or not some new pre-conditions had been put forward for the letter of intent for the new stand-by deal with the IMF.
State Minister Dervis answered the question, saying, ''the letter of intent was completed except some minor details. The Central Bank Governor and I will sign the letter of intent tomorrow.''
Noting that there were some matters which should be fulfilled until the end of January in accordance with the economic programme's schedule, Dervis said, ''if these are finalized by the end of January, the Executive Board is expected to convene early in February to give a decision. There is a difference between completion of the letter of intent and fulfillment of conditions completely.''
When asked whether or not the the law on banking which the President had not approved yet should be evaluated within this framework, Dervis said, ''works are continuing to bring into effect the adopted laws, and restructure the public banks, and provide transparency and a suitable investment atmosphere.''
''We always make public announcement after our programme is accepted also as a letter of intent. I mean to say that there is not any secrecy. However, it is not beneficial to make statement before reaching definite result on details. We will publicly announce the letter of intent,'' Dervis added.