Turkey prepares to repay debt to IMF
Turkish Prime Minister Recep Tayyip Erdogan said that the country is going to repay its debt to the International Monetary Fund (IMF) in May 2013, TRT Haber TV channel reported on Tuesday.
"Turkey is undergoing economic reforms and it is going to continue this policy in the future," Erdogan.
According to Erdogan, Turkey's debt to IMF constitutes $6.1 billion. He added that when the country's ruling party came to power, it inherited debt to the IMF to the amount of $23.5 billion.
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