IMF declares full confidence in success of Turkish program

The New Anatolian - International Monetary Fund (IMF) had full confidence that Turkey would meet all targets of the program and conclude current stand-by deal successfully, the managing director said Thursday. Dominique Strauss-Kahn told a news conference in Washington, D.C. prior to spring term meetings of the IMF and World Bank, that reforms in Turkey's program were very necessary.

Asked to comment on general outlook on Turkey and possible impacts of the closure case against Justice and Development (AK) Party, Strauss-Kahn said IMF was closely pursuing the developments in Turkey. Strauss-Kahn said relations between IMF and Turkey were positive and expressed his belief that the program would be concluded successfully despite domestic legal problems and effects of global financial crisis.