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FROM THE OFFICE OF PUBLIC AFFAIRS June 19, 2002PO-3189 Following Actions Taken Today by Turkey's Bank Regulation and Supervision Agency
We welcome the forceful actions taken today by Turkey's Bank Regulation and Supervision Agency (BRSA). These actions are critical steps in the plan to recapitalize the private banking system and they demonstrate the on-going commitment of the Turkish authorities to implement the economic program. Turkey’s reform measures are strengthening the prospects for economic growth.
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