IMF office in Turkey to close unless deal reached
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Hurriyet English with wires
OluÅŸturulma Tarihi: Haziran 06, 2008 14:57
Turkey's last two-stand by performances with the International Monetary Fund (IMF) will be scrutinized by the Independent Evaluation Office (IEO) of the IMF. In case a new agreement is not signed, the Fund's representative office in Turkey will be closed.
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The IMF's representative office in Turkey will be closed in the case a new agreement is not signed with the Fund, following a scrutiny of Turkey's last two-stand by performances with the IMF by the IEO, the Anatolian Agency reported on Friday.Â
The IMF's $10 billion loan agreement with
The  IEO's "watch after the program" report is not expected to be completed before July, 2008.    Â
The IEO was established in 2001 to conduct independent and objective evaluations of Fund policies and activities.
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