Turkish Economy In Year 2000

TURKISH ECONOMY IN YEAR 2000 The course of instruction 2000 was a tint for Turkish economy which began to use the macro economic restructuring architectural plan from the beginnig of the year. According to this porgramme aims were: ·         Increasing FX by approximately 20 part and changing the idea of FX in peoples minds as a profitable investiture area, ·          change magnitude the swelling rates to 20 share, ·         Decreasing the demand of deposits for atomic number 53 night, ·         Availability of Turkish Lira, ·         Making turkey to a greater extent interesting for foreign investors, ·         Flow of foreign cash into the country.

The programme was planning to make the T-bills and G-bonds charming for the foreign investors. The to the highest degree important aim was to make the TL available with the foster of cash flow of foreign currency into the country and primeval Bank. The government didn want to think its investment in minuscule term anymore and wanted to make TL investments more appealing. At the beginning of the year most of the people knew that inflation rate could not be decreased to 20 percent but they excessively knew that with this programme a cercent decrease would be achieved. And the government was also expecting a boom in touristry during the summer season.

In the first period of 2000 not and the restructuring programme but also the relations with neighbour countries influenced Turkey. Greece was one of them which was seen as a barrier for several years. With the improving reletions also greece voted for Turkey by beeing a candidate of membership to European Union Countries.

At the begining of the year IMKB was seen as the best investment opportunity which was also worldwide succesful as the end of the year 1999. According to the IMF stand by aggrement Turkey was expecting a prodigious flow of funds from the foreign markets to the country. This aggrement also...

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