European Parliament Library

Turkey :, Sixth Review and Inflation Consultation Under the Stand-By Arrangement and Request for Waiver of Nonobservance and Applicability of Performance Criteria: Staff Report; Staff Supplement; and Press Release on the Executive Board Discussion

Abstract
The staff report for the Sixth Review and Inflation Consultation Under the Stand-By Arrangement on Turkey explains the macroeconomic framework and monetary and exchange rate policies. High interest rates, slowing credit growth, and election-related uncertainty were expected to weigh on private domestic demand and keep growth near its estimated long-term potential of 5 percent. The central bank renewed its commitment to building international reserves for prudential reasons. There was broad agreement on the need to ease labor regulations and taxes as fiscal resources permit
Table Of Contents
Cover; Contents; I. Recent Developments; Figures; 1. Real Sector Indicators, 2004-07; 2. Financial Indictors, 2006-07; 3. Inflation Developments, 2004-07; 4. External Sector Indicators, 2004-07; II. Policy Discussions; A. Macroeconomic Framework; B. Monetary and Exchange Rate Policies; C. Fiscal Policy; D. Structural Fiscal Reforms; E. Financial Sector Reforms; F. Labor Market Reform; III. Staff Appraisal; Tables; 1. Selected Economic Indicators, 2001-07; 2. Indicators of External Vulnerability, 2001-06; 3. Balance of Payments, 2001-07; 4. External Financing Requirements and Sources, 2001-07
Language
eng
Literary Form
non fiction
Note
Description based upon print version of record
Physical Description
1 online resource (76 p.)
Specific Material Designation
remote
Form Of Item
online
Isbn
9781452783239

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