The future of Turkish-IMF ties is up to Ankara’s decision

Asked what will happen when the IMF’s standby program with Turkey expires next February, Dawson said, "That is fundamentally a decision the [Turkish] authorities will make in the first instance by themselves before the Fund would have a response. And it’s my understanding … that the authorities have indicated that they expect to make a decision in this regard by September".

Dawson added that an IMF Executive Board meeting on the eighth review of Turkey’s program could be expected to issue a statement tomorrow.