Turkey making good progress in IMF talks - economy minister .hurriyet2008-detailbox-newslink { font-family: Arial, Helvetica, sans-serif; font-size:13px; font-weight:bold; text-decoration:none; color:#000000;} .hurriyet2008-detailbox-newslink:hover { font-family: Arial, Helvetica, sans-serif; font-size:13px; font-weight:bold; text-decoration:underline; color:#990000;} Turkey is making good progress in talks on a new loan deal with the International Monetary Fund and both parties see things virtually eye to eye, Economy Minister Mehmet Simsek told state television.

"Some aspects of the deal will be decided in a few days, but the remainder will be settled in the new year," Simsek said late on Wednesday.
"We have made good progress and if nothing new arises, we view things virtually eye to eye with the IMF."
An IMF mission is scheduled to visit the Turkish capital Ankara in early January for talks with Turkish officials.
Turkey is expected to sign a regular stand-by or a precautionary stand-by loan deal with the IMF to help it withstand the global financial crisis.
Government sources told Reuters this month that Turkey is seeking a loan of around $25 billion from the lender as the country faces a $130 billion funding requirement in 2009.
Turkish business leaders and investors have long called for a loan accord to stabilise the Turkish economy, which has slowed sharply this year while its markets have been hit by the effects of a global crisis.
Talks with the IMF have been continuing since September. Turkey's previous $10 billion stand-by loan accord with the IMF expired in May.
Earlier this week Simsek said he could not give a date for the start of any programme and could not say what its duration would be.