Erdogan: Turkey closed chapter of the IMF credits, not to be reopened again

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Open source

Turkey does not need neither lending nor other technical support from the International Monetary Fund (IMF). This was stated by the President Recep Tayyip Erdogan, the Sotsportal publication reported.

«Turkey has closed the chapter of the IMF credits forever,» – Erdogan said.

In early September 2018, the Turkey’s inflation rate exceeded the level of 2003. Consumer prices in August 2018 have increased by 17.9% compared with July. The cost of the euro has decreased due to the depreciation of the lira to an annual minimum.
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