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Economy
History of Turkey
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| | 1875 | Abdulhamid I |  |
| Turkey repudiates loans raised from westrern Europe |
| 2003 | Erdogan, Recep Tayyip |  |
| Feb The IMF agrees a $18 billion loan package |
| 18th April The IMF releases $701 million in loans to Turkey |
| 2004 | Erdogan, Recep Tayyip |  |
| The AKP has undertaken significant structural reforms and its policy achievements have seen rapid growth and an end to Turkey's three decade long period of hyperinflation-inflation had fallen to 8.8% by June 2004 |
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