(Bloomberg) -- Turkish central bank Governor Durmus
Yilmaz said the country risks a return to accelerating inflation,
squandering the achievements of its International Monetary Fund
accord, unless the next government imposes limits on spending.
The fight with inflation is at a ``very, very critical
threshold,'' Yilmaz, 60, said in an interview in Istanbul on June
28. There has been a ``slippage'' in government spending ahead of
July 22 parliamentary elections, he said.
Read more at Bloomberg Emerging Markets News
Yilmaz said the country risks a return to accelerating inflation,
squandering the achievements of its International Monetary Fund
accord, unless the next government imposes limits on spending.
The fight with inflation is at a ``very, very critical
threshold,'' Yilmaz, 60, said in an interview in Istanbul on June
28. There has been a ``slippage'' in government spending ahead of
July 22 parliamentary elections, he said.
Read more at Bloomberg Emerging Markets News
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