Minister: Turkey ‘Agrees Totally’ with IMF on Crisis Steps

Published December 5th, 2000 - 02:00 GMT
Al Bawaba
Al Bawaba

Turkey "agrees totally" with the International Monetary Fund on ways to solve a financial crisis, Vice Prime Minister Mesut Yilmaz said on Tuesday. 

Prices on the stock market in Istanbul surged by 10.0 percent in response to the statement after a meeting of leaders in the coalition government here and officials in charge of the economy, against a background of talks with the IMF. 

The minister signaled that Prime Minister Bulent Ecevit would announce on Wednesday measures to deal with the crisis, which many analysts and financial dealers considered posed a threat of devaluation – ANKARA (AFP) 

 

 

© 2000 Al Bawaba (www.albawaba.com)

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