Turkish PM: No More IMF Credit After 2004

We should achieve our macro-economic goals,” said Erdogan in an interview with the Dubai English-language newspaper The Gulf News.
Elsewhere, State Minister for the Economy Ali Babacan talked to al-Arabiya yesterday. Based in the United Arab Emirates (UAE), the news channel stands besides Qatar’s al-Jazeera network as the Arab world’s leading television stations.
In Babacan’s statement to al-Arabiya, the Minister said that the US$8,5 billion loan signed with the U.S. indicated trust in the Turkish economy.
He pointed out that Turkey had prepared many adaptation packages to meet European Union (EU) standards.

“As a result of those reforms, Turkey stands closer to E.U. membership as never before,” said Babacan.