Turkey to take steps for sustainable debt: Minister

Turkey's Economy Minister said the government was taking steps aimed at raising confidence in fiscal policies and at reducing risk premiums.

Turkey to take steps for sustainable debt: Minister

Turkey's Economy Minister Ali Babacan said on Wednesday the government was taking steps aimed at raising confidence in fiscal policies and at reducing risk premiums.

Babacan also told a news conference in which he announced the government's medium-term economic programme the government would take steps for a sustainable debt and a sustainable budget deficit structure.

Markets have been eagerly awaiting details of the plan following months of uncertainty over whether Turkey is expected to agree a loan deal with the International Monetary Fund .

Reuters
Last Mod: 16 Eylül 2009, 15:42
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