A delegation from the Turkey desk at the International Monetary Fund, or IMF, will arrive in the country next month for post-program monitoring related to Ankara’s past loans from the global lender.
The delegation will visit institutions in the private sector and the economy, solicit views and assess formal data about recent developments.
The delegation will assess Turkey’s economy during its two-week visit and update its macro-economic predictions for 2011. It plans to visit Turkey once every six months until 2013, the date Turkey’s debt to the fund is expected to be entirely repaid.
The debt stock of the loans Turkey used from the IMF is $4.8 billion but will drop to $4.5 billion by the end of 2011.
