 Turkey's debt to International Monetary Fund (IMF) will completely end in 2013
Turkey owes nearly eight billion USD of debt to IMF. IMF and Turkey have made stand-by deal for 19 times so far, and only the last two of them were completed successfully. Turkey made its first stand-by deal with IMF on January 1, 1961 which lasted for one year.
With the stand-by deals, Turkey obtained a resource of over 50 billion USD from IMF.
Earlier today, Turkish Treasury Undersecretariat said that an IMF delegation was invited to Turkey on April 24-25 to have talks on Article IV following IMF-World Bank spring meetings.
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