Turkey sole OECD country without measures against crisis- TUSIAD
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Turkish business leaders said Friday that Turkey is seen as the only country among the 30 Organization for Economic Cooperation and Development (OECD) member countries that has not launched required measures against the global financial crisis. (UPDATED)
The OECD Economic Outlook report issued last week contained a summary of measures taken by 30 OECD countries against the financial fluctuations, Arzuhan Dogan Yalcindag, the chairwoman of Turkish Business Industrialists’ and Businessmen's Association (TUSIAD) said.
"We can see from this summary that 29 of these countries have taken special measures, just as we can also see that The Turkish government recently announced that it was preparing an economic stimulus package to help the economy by easing access to credit and boosting employment. It is also in talks with the International Monetary Fund over a new loan agreement, expected to be worth billions of dollars.