Meeting of IMF and World Bank on Loans to Turkey

Published December 19th, 2000 - 02:00 GMT

The Supplementary Letter of Intent delivered to the IMF will be discussed on December 21st in the IMF Executive Directors Board meeting in Washington, Hurriyet reported Tuesday. 

The Board, according to the Turkish daily, will give a decision on the release of the third and fourth portions of the Stand-by credit and the Supplementary Reserve Facility after the meeting $2.8 billion will be given to Turkey, $2.2 billion of which comprises the Reserve Facility -- Albawaba.com

© 2000 Al Bawaba (www.albawaba.com)

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