Erdogan said Turkey had been standing on its feet in recent days, and not only Turkey but also the fund was thinking that there was no need for a stand-by arrangement
The new arrangement follows a 15-month program supported by a Stand-By Arrangement
, which was approved by the executive Board on 20 December 2007 and expired on 18 March 2009.
Turkey has signed 19 stand-by arrangements
with the IMF, but it could successfully complete only the last two of them.
1 million disbursement for Pakistan after the first review of Pakistans economic performance under a program supported by a 23-month Stand-By Arrangement
It is expected that this program will be submitted to the IMF's Executive Board, together with a request for a 15-month stand-by arrangement
equivalent to $600 million, in mid- December.
The second phase occurred on December 23, 2005, which was the date of approval by the International Monetary Fund of a formal Stand-By Arrangement
Sri Lanka has successfully completed the Stand-by Arrangement
(SBA) in April 2012 and currently does not have a program with the International Monetary Fund (IMF) the global lender said.
The mission, led by George Tsibouris, was the fifth review of the program under the Stand-By Arrangement
(SBA) approved by the Fund's Executive Board on July 27, 2011.
The small difference and the fact that the slippage was induced by smaller EU funds inflows, mainly due to the blocking of some key EU funds programs, this should not complicate the discussions for a successor Stand-By Arrangement
is one of the mostly-used IMF mechanisms.
by the Stand-By Arrangement
(SBA), it was announced here late Wednesday.
This program is being supported by an IMF stand-by arrangement
in the amount of SDR 12.