Turkish State Minister & Deputy Premier Bulent Arinc said that Turkey had not been working with International Monetary Fund (IMF) for three years.
We have cut our relations with IMF during the hardest times of economic crisis, said Arinc during a meeting in the northwestern province of Bursa on Wednesday.
IMF also confirmed that Turkey, which had a successful economy management, did not need it, said Arinc and added that many countries which cooperated with IMF were now about to go down.
Noting that when Justice & Development (AK) Party came into rule in 2002, Turkey's debt to IMF was 23.5 billion USD, Arinc said that the debt now dropped to 5.5 billion USD.
He also recalled that Turkey caught a nine percent growth speed in 2010 which meant that Turkey was among top five countries with this growth speed. He added that Turkey was the third after China and Argentine.
Outgoing Turkish President Gul said 'As far as it seems, Foreign Minister Ahmet Davutoglu will take over as prime minister'
Turkey's year-end growth forecast increased to 2.7 percent, senior economist says.
The Eritrean capital Asmara becomes Turkish national flag-carrier's 42nd destination in Africa
One person has been confirmed dead after clashes broke out when security forces arrived to remove an illegal statue of a PKK leader.
Turkish Energy Minister Taner Yildiz called for the lifting of an Israeli blockade so power can be delivered to Palestinians.
Currently it is estimated that there are almost a million Syrian refugees in Turkey, about 70 percent of whom live outside the refugee camps.
Turkish dailies on Tuesday reported on the claims that Germany's foreign intelligence agency has been spying on Turkey and protests over the death of an unarmed black teen in Missouri, U.S.
Twenty out of 32 suspects accused of conducting illegal wiretapping detained in Izmir, Istanbul and Yalova.
A UN report also asserted that Ethiopia's low level of economic development, coupled with a heavy dependence on rain-fed agriculture and high population growth, made the country particularly vulnerable to the adverse impacts of climate change.
Republican People's Party deputy group chairman Muharrem Ince has announced his intention to stand for the leadership of the party.
The latest ship loaded with northern Iraqi oil left a Turkish port as the amount of oil pumped to Turkey from northern Iraq reached 7.8 million barrels.
Turkey summoned the German ambassador in Ankara over a report that Germany's BND intelligence agency had been spying on its NATO ally for years
Turkish dailies covered German intelligence spying on Turkey and the tragic plight of the Ezidis in Iraq.
A 35-year-old man fired at the embassy building and was immediately caught by security forces.
Midyat refugee camp is set to accept thousands of Yazidis after the completion of medical check-ups.
Main opposition CHP to meet on September 5-6 in an extraordinary meeting to decide future leader following the presidential election loss