Amongst the most important pledges from the Turkish government to the IMF, which is due to begin another review on May 15th, is that to complete an audit and re-capitalisation of private banks.
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Economic Update | Restructuring Turkey's Banking Sector
22 Jul 2010
Economic Update | Steps Towards Privatisation in Turkey
22 Jul 2010
Ankara’s need to accelerate the rate of privatisation was reinforced on May 7th as the IMF presented a substantial list to the government outlining needed reforms, including increased privatisation,...
Economic Update | World Bank Releases Loan to Turkey
22 Jul 2010
Following the IMF’s most recent loans to Turkey, the World Bank has approved a $1.35m loan to strengthen the country’s economy.
Economic Update | Turkey Divided Over Middle East Conflict
22 Jul 2010
Official reactions in Turkey to Israeli action in the West Bank underline the contradictory nature of Ankara’s position in Middle East affairs.
Economic Update | IMF Loans Turkey Yet More Money
22 Jul 2010
The International Monetary Fund approved a further $1.1bn loan tranche for Turkey on April 15th amidst reports cautioning that economic indicators were not showing signs of recovery.
Economic Update | Turkey - Greece Pipeline Deal Underway
22 Jul 2010
In a landmark agreement between the two traditionally hostile neighbours Turkey and Greece have signed an agreement to construct a $300m natural gas pipeline from the north western Turkish city of...
