Turkey: IMF bound?

Publication date
Friday, 21.03.2003

Authors
Mikhael Marrese Yarkin Cebeci

Series
Ecoonomic & Policy Research Global Data Watch

Annotation
US multiyear package off the table - Zero additional official financing is now JPMorgan's base-case scenario for 2003-04 - If macro and structural policies are in the line in IMF/WB adice, debt position will deteriorate little - Differing government and IMF perspectives make implementation of IMF policy difficult.

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Notes

Michael Marrese,
Head of Economic Research & Sovereign Strategy, Emerging Europe, Russia & Turkey JPMorgan
Yarkin Cebeci,
Senior Economist JPMorgan

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