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Turkey says IMF standby review talks completed

Mon Apr 14, 2008 11:20pm IST
 
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ANKARA, April 14 (Reuters) - Turkey completed its talks with the International Monetary Fund on the final review of the country's $10 billion standby deal and an agreement has been reached on a draft letter of intent, the Turkish Treasury said on Monday.

The statement said it expects the IMF executive board to meet in early May and release nearly $3.7 billion loan to Turkey.

(Reporting by Selcuk Gokoluk)

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