THE THINKING OF FUTURE
WE REVEAL ALL THE SECRETS OF WORLD POLITICS

Turkey refuses to borrow loans from International Monetary Fund

You are here: Main page »» Europe »»
 0 comment Line Spacing+- AFont Size+- Print
270
Line Spacing+- AFont Size+- Print

Baku, 7 October 2018 – Newtimes.az

Turkey does not intend to borrow loans from the International Monetary Fund (IMF) anymore.

Report informs citing RIA Novosti that Turkish President Recep Tayyip Erdogan made the due statement on Sunday addressing the activists of Turkey's ruling Justice and Development Party in the town of Kizilcahamam.

"We have closed the chapter of the IMF credits in order not to open it anymore," the head of state said.

The Turkish president's statement comes against the backdrop of escalation of tensions between Ankara and Washington, including over the case of US pastor Andrew Brunson, who was detained in Turkey in 2016.

Related articles

Featured sections

Azərbaycanın xarici ölkələrdəki diplomatik nümayəndəlikləri twitterdə

↳Yeni layihə

Foreign press

When a new energy revolution makes the Russians nervous
25 March 2019 The Washington Times

When a new energy revolution makes the Russians nervous

Upon arrival in Baku, the capital of Azerbaijan, the first thing you notice is the boomtown feel.

More...
Trade war set to be the United States' next foreign policy quagmire
24 September 2018 The Hill

Trade war set to be the United States' next foreign policy quagmire

History is littered with real wars, like those in Afghanistan, Iraq and Vietnam, that were supposed to be won quickly and cheaply but turned out to be the most expensive and inconclusive of quagmires.

More...