Turkey cleared a debt to the IMF

Turkey is one of several countries who now have no liabilities against the International Monetary Fund. It managed to completely redeem the debt recently after the current president came to power. This is a very good indicator of a stable situation and economic welfare growth.

189 countries are now the members of the IMF, 70 countries have huge debts. In general, the amount of loans makes approximately 37 billion dollars. The top positions of the anti-rating are held by such countries as Portugal (debt amount is 21.7 billion), Greece (16.6 billion) and Ukraine (11.3 billion dollars).

According to the statistics, a few countries managed to clear debts since 2000, only sixth part of all debtors. Other countries continue to save debts. By the way, Turkey forms a part of the IMF since 1947.

17.05.2016