3/18/2009

Turkey and IMF to speed up talks on a possible loan deal

Dunya - Mehmet Simsek, the Turkish State Minister for economy, said his talks with the International Monetary Fund (IMF) officials in Britain during last week's G-20 meeting on the global economic crisis, resulted in an agreement to accelerate talks on a possible loan deal. Simsek added that the details will be outlined within the next few weeks. Simsek met with Dominique Strauss-Kahn, IMF Managing Director, and John Lipsky, First Deputy Managing Director, on the sidelines of the meeting. He said he had the chance to discuss with senior IMF officials their views on a possible loan deal and that they responded positively to Ankara's approach.

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