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Posted on 07/15/2003 10:08:54 PM PDT by Destro
U.S. loans to Turkey may be delayed, sources say
WASHINGTON, July 15 — Billions of dollars in U.S. loans for Turkey could be held up for months due to concerns about Ankara's slow progress meeting IMF conditions, people briefed by the Bush administration said on Tuesday.
President George W. Bush has offered up to $8.5 billion in loans to help Turkey weather the economic shock of the war in neighboring Iraq.
(Excerpt) Read more at famulus.msnbc.com ...
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