Turkey: Seventh Review Under the Stand-By Arrangement, and Requests for Waiver of Applicability and Nonobservance of Performance Criteria, Rephasing of Purchases, and Extension of Arrangement—Staff Report; and Press Release on the Executive Board Disc

Seventh Review Under the Stand-By Arrangement, and Requests for Waiver of Applicability and Nonobservance of Performance Criteria, Rephasing of Purchases, and Extension of Arrangement—Staff Report; and Press Release on the Executive Board Discussion

Author: International Monetary Fund

Volume/Issue: Volume 2004 Issue 227

Publication date: July 2004

ISBN: 9781451838053

$20.00

Add to Cart by clicking price of the language and format you'd like to purchase

Available Languages and Formats


English

Prices in red indicate formats that are not yet available but are forthcoming.

Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Banks and Banking , Inflation , Labor , Economics- Macroeconomics , Money and Monetary Policy , Public Finance , ISCR , CR , SDR , target , authority , reform agenda , disbursement of an amount equivalent , executive board discussion , March outturn , Turkish lira , Inflation , Public sector , Monetary base , Europe , Global

Also of interest

Peru

Grenada

Nepal

Republic of Congo : 2001 Article IV

Summary

This paper examines Turkey’s Seventh Review Under the Stand-By Arrangement, and Requests for Waiver of Applicability and Nonobservance of Performance Criteria. Successful macroeconomic management delivered an impressive economic performance in 2003. However, budget slippages interrupted this success, delaying the completion of the Seventh Review. The challenge in the final year of the program is to maintain macroeconomic policies firmly on track and to move decisively on a comprehensive program of structural reforms to safeguard and advance the recent achievements.