FROM THE OFFICE OF PUBLIC AFFAIRS March 4, 2005 Remarks by Tony Fratto, Treasury Department spokesman The proposal in the House Subcommittee on Foreign Operations and Appropriations is an indication that The US-Turkey Financial Agreement has helped to reassure financial markets and maintain economic stability in Turkish authorities have been able to implement nessary fiscal and monetary reforms. These reforms – combined with the EU's decision to begin negotiations with Growth has averaged over 5% in the last three years, and inflation is at its lowest level in thirty years (9.3% at end-2004). As Chairman Kolbe noted said, the committee's recommendation reflects
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