Economy: Turkey to pay off IMF debts by next year, PM says 2012-06-06
Economy: Turkey to pay off IMF debts by next year, PM says
Turkish Premier Recep Tayyip Erdogan on Tuesday said that Turkey's debt to the International Monetary Fund (IMF) was 23.5 billion USD in 2002 due to stand-by agreements and that this debt went down to 1.7 billion USD in 2012. Turkey's debt to the IMF will be paid completely by April 2013, Erdogan stressed addressing the participants of the World Economic Forum (WEF) on Europe, the Middle East, North Africa and Central Asia taking place under the title "Uniting Regions in Transformation" as reported by Anatolia news agency.
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