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.
Turkish dailies cover the fallout from recent PKK violence in Turkey, plus President Erdogan's official visit to China
Erdogan calls Selahattin Demirtas' comments on bombing that killed 32 'vulgar'
President's plan to meet with representatives from China's Uighur, Hui Muslim communities welcomed by Chinese officials
Ankara officially allows use of air bases after announcing July 24 that U.S.-led coalition can deploy aircraft at bases inside Turkey
HDP leader Selahattin Demirtas says he is ready to 'take responsibility for peace' amid worsening violence
'Although ISIL, PKK and DHKP-C feed from various sources, they are subservient to centers of evil that are united around a shared goal,' says Davutoglu
Volunteers work with children and mothers trying to get over traumatic memories of brutal civil war
Turkey president to meet Chinese counterpart in bid to improve souring ties over Beijing's treatment of Uighur minority
Kirkuk-Ceyhan oil pipeline blown up in eastern Sirnak province, says Energy Minister Yildiz
Turkish dailies on Wednesday cover President Erdogan’s comments on the solution process plus ongoing coalition talks
Turkish president Erdogan has said that he will hold talks to further economic and commercial cooperation with China and Indonesia.
Kurdistan Workers' Party is denounced after wave of recent terror attacks
It is believed that the outlawed Kurdistan Workers Party (PKK) was the intended target
Kurdish party says it will apply to parliament to lift immunity from all MPs amid rancor over PKK accusations
Turkish President Erdogan will visit China, his first since he took presidency in 2014 and will be signing a number of agreements.
An emergency meeting of NATO is being held in Brussels at the request of Turkey on Tuesday.