Turkish Vulnerable Without IMF Loan?

Turkey may turn to global investors after hopes of a new loan deal with the IMF looked doubtful due to proposed regulations on spending, said Alpaslan Korkmaz, president of Republic of Turkey Prime Ministry & Investment Support & Promotion Agency. Although Turkey has made progress in recent years reducing inflation, ?the current account deficit is a challenge,? he added.

CNBC | November 10, 2008

Tags:. .said. .turn. .president. .without. .support