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.
BIST 100 rises 0.01 percent; US dollar/Turkish lira exchange rate drops to 4.0250
Fresh hopes that Donald Trump and North Korea's leader Kim Jong Un will hold a historic summit within months also provided some much-needed optimism.
The fund cautioned that investors and financial markets expect a steady approach to monetary tightening based on the belief inflation will remain relatively tame.
Turkey's assets abroad go up 2.4 percent at end of February 2018, compared to end of 2017: Turkish Central Bank
BIST 100 decreases 0.12 percent; US dollar/Turkish lira exchange rate stands at 4.1020
Hong Kong and China ended down after fluctuating through the morning on data showing the world's number two economy expanded in January-March at the same rate as the previous three months.
For Turkey, Germany is a very important, indispensable partner: Turkish Energy Minister Albayrak says in Berlin
BIST 100 rises 0.69 percent; US dollar/Turkish lira exchange rate stands at 4.0830
The United States, Britain and France carried out attacks at the weekend on alleged chemical weapons facilities, in response to what they say was a toxic gas attack by the Russia-backed Assad regime a week before.
Excluding interest payments, central government budget balance saw surplus of nearly $500M in first quarter of 2018
London's FTSE 100 index fell 0.1 percent to 7,254.83 points, with UK advertising giant WPP diving four percent after chief executive Martin Sorrell resigned over the weekend.
The US, Britain and France carried out attacks at the weekend on alleged chemical weapons facilities, in response to what they say was a toxic gas attack by the Russia-backed Assad regime a week before.
Industrial production surges 9.9 pct year-on-year in February, official data show
BIST 100 rises 0.23 percent; US dollar/Turkish lira exchange rate stands at 4.1020
Unemployment in January goes down 2.2 percentage points from the same month last year, says TurkStat