TohidA/MONA · Datasets at Hugging Face

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2007-05-18

P1

R6

BLANK

PA

20.8

1.8. Budget preparation (e.g., submission or approval)

Submit to parliament 2007 central government budget consistent with achieving a headline 6.5 percent primary surplus.

1

Fifth Review Prior action

M

N/A

6

1

2023-09-23

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2007-05-18

P1

R6

BLANK

PA

23.1

4.1. Pension reforms

Parliamentary submission of pension reform legislation

1

Program Prior Action

M

N/A

6

1

2023-09-23

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2007-05-18

P1

R6

BLANK

PA

23.2

4.2. Other social sector reforms (e.g., social safety nets, health and education)

Parliamentary submission of social security administrative reform law.

1

First Review Prior action

M

N/A

6

1

2023-09-23

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2007-05-18

P1

R6

BLANK

PA

25.2

6.2. Restructuring and privatization of financial institutions

Publication of SDIF's strategy to complete bulk of asset recoveries by end-2007.

1

Program Prior Action

M

N/A

6

1

2023-09-23

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2007-05-18

P1

R6

BLANK

PA

25.2

6.2. Restructuring and privatization of financial institutions

Parliamentray submission of Banking Law.

2

Program Prior Action

M

N/A

6

2

2023-09-23

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2007-05-18

P1

R6

BLANK

PA

25.2

6.2. Restructuring and privatization of financial institutions

Separation of board in Ziraat and Halk.

3

Program Prior Action

M

N/A

6

3

2023-09-23

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2007-05-18

P1

R6

BLANK

PA

25.2

6.2. Restructuring and privatization of financial institutions

Financial advisors to finalize recommendations on how to proceed with the privatization of Halkbank.

4

Fourth Review Prior action

M

At P1R4, met five days before Board meeting.

6

4

2023-09-23

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2007-05-18

P1

R6

BLANK

PA

25.2

6.2. Restructuring and privatization of financial institutions

Announce detailed timetable for privatization of Halkbank.

5

Fifth Review Prior action

NM

At P1R5, the timetable for the privatization of Halkbank had to be delayed. On December 6, the High Administrative Court issued an injunction on the sale of Halkbank, suspending the process indefinitely. IMF staff supports the completion of the fifth review, notwithstanding the nonobservance of the prior action on Halkbank.

6

5

2023-09-23

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2007-05-18

P1

R6

BLANK

PA

25.2

6.2. Restructuring and privatization of financial institutions

Completion of initial public offering (IPO) of at least 20 percent of Halkbank.

6

Sixth Review Prior action

M

At P1R6, met 5 days before Board meeting.

6

2023-09-23

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2007-05-18

P1

R6

BLANK

SB

20.1

1.1. Revenue measures, excluding trade policy

Prepare legislation to reform the personal income tax.

1

09/30/2005

MOD-SPC

At P1R1R2, this structural benchmark was reclassified as a performance criterion.

6

1

2005-09-30

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2007-05-18

P1

R6

BLANK

SB

20.1

1.1. Revenue measures, excluding trade policy

Maintain excise taxes and SEE prices in line with 2006 program assumptions

2

06/30/2005

M

Met for P1R1R2.

6

2

2005-06-30

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2007-05-18

P1

R6

BLANK

SB

20.1

1.1. Revenue measures, excluding trade policy

Maintain excise taxes and SEE prices in line with 2006 program assumptions

2

06/30/2006

M

Met for P1R3R4. With P1R3R4, description changes from "Maintain excise taxes and SEE prices in line with 2005 program assumptions" to "Maintain excise taxes and SEE prices in line with 2006 program assumptions."

6

2

2006-06-30

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2007-05-18

P1

R6

BLANK

SB

20.1

1.1. Revenue measures, excluding trade policy

Maintain excise taxes and SEE prices in line with 2006 program assumptions

2

09/30/2006

M

Met for P1R5.

6

2

2006-09-30

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2007-05-18

P1

R6

BLANK

SB

20.1

1.1. Revenue measures, excluding trade policy

Maintain excise taxes and SEE prices in line with 2006 program assumptions

2

12/31/2006

NM

At P1R6, not met due to delay in energy price adjustments.

6

2

2006-12-31

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2007-05-18

P1

R6

BLANK

SB

20.1

1.1. Revenue measures, excluding trade policy

Maintain excise taxes and SEE prices in line with 2006 program assumptions

2

Continuous

SB

N/A

6

2

2023-09-23

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2007-05-18

P1

R6

BLANK

SB

20.1

1.1. Revenue measures, excluding trade policy

Adopt legislative changes to streamline the structure of the PIT by unifying the schedules for wage and nonwage income and reducing the number of tax brackets.

3

12/31/2005

MD

Met with delay in March 2006, at P1R3R4.

6

3

2005-12-31

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2007-05-18

P1

R6

BLANK

SB

20.2

1.2. Revenue administration, including customs

Establish a large-taxpayers unit within the Revenue Administration.

1

12/31/2005

MOD-DATE

At P1R1R2, condition was delayed due to administrative delays, and new 6/30/2006 test date was set.

6

1

2005-12-31

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2007-05-18

P1

R6

BLANK

SB

20.2

1.2. Revenue administration, including customs

Establish a large-taxpayers unit within the Revenue Administration.

1

06/30/2006

MOD-DATE

Not met at P1R3R4. Reset to end-Dec 2006 because of ongoing administrative delays.

6

1

2006-06-30

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2007-05-18

P1

R6

BLANK

SB

20.2

1.2. Revenue administration, including customs

Establish a large-taxpayers unit within the Revenue Administration.

1

12/31/2006

M

N/A

6

1

2006-12-31

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2007-05-18

P1

R6

BLANK

SB

20.2

1.2. Revenue administration, including customs

Establish tax policy unit at Ministry of Finance.

2

12/31/2005

NM

At P1R3R4, "with the establishing law passed in January 2006, the unit is expected to be made fully functional by end-July 2006." At P1R5, "unit made fully functional in July 2006."

6

2

2005-12-31

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2007-05-18

P1

R6

BLANK

SB

20.2

1.2. Revenue administration, including customs

Complete functional restructuring of Revenue Administration, including reorganization of local tax offices.

3

04/30/2006

NM

At P1R3R4, "This end-April 2006 SB is expected to be completed by end-July 2006." At P1R5, "functional restructuring completed in August 2006".

6

3

2006-04-30

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2007-05-18

P1

R6

BLANK

SB

20.2

1.2. Revenue administration, including customs

Adoption of unified tax declaration form.

4

12/31/2007

SB

N/A

6

4

2007-12-31

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2007-05-18

P1

R6

BLANK

SB

20.2

1.2. Revenue administration, including customs

Implementation of a risk-based audit system to address VAT refund fraud.

5

12/31/2007

SB

N/A

6

5

2007-12-31

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2007-05-18

P1

R6

BLANK

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Put in place secondary legislation required under the Public Financial Management and Control Law.

1

09/30/2005

MOD-DATE

At P1R0, descriptor was "put in place secondary legislation required under the Public Financial Management and Control Law". At P1R1R2 the descriptor was changed to ""adopt implementing regulations for the Public Financial Management and Control Law", and reset to end-December 2005.

6

1

2005-09-30

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2007-05-18

P1

R6

BLANK

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Put in place secondary legislation required under the Public Financial Management and Control Law.

1

12/31/2005

M

At P1R3R4, the descriptor reverted back to the P1R0 descriptor.

6

1

2005-12-31

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2007-05-18

P1

R6

BLANK

SB

20.7

1.7. Fiscal transparency (publication, parliamentary oversight)

Publish report on existing tax expenditures.

1

06/30/2007

SB

N/A

6

1

2007-06-30

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2007-05-18

P1

R6

BLANK

SB

22

3. Civil service and public employment reforms, and wages

Replace no more than 50 percent of civil servants leaving for attrition.

1

03/31/2007

M

At P1R5, test date established as quarterly. Met for P1R6.

6

1

2007-03-31

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2007-05-18

P1

R6

BLANK

SB

22

3. Civil service and public employment reforms, and wages

Replace no more than 50 percent of civil servants leaving for attrition.

1

12/31/2007

SB

N/A

6

1

2007-12-31

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2007-05-18

P1

R6

BLANK

SB

22

3. Civil service and public employment reforms, and wages

Replace no more than 50 percent of civil servants leaving for attrition.

1

Quarterly

SB

N/A

6

1

2023-09-23

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2007-05-18

P1

R6

BLANK

SB

22

3. Civil service and public employment reforms, and wages

At most, 10 percent of those leaving through attrition in each state enterprise will be replaced, with limited exceptions for specialist positions and overperforming enterprises with approval by the Treasury.

2

06/30/2005

M

At P1R1R2, although new hires by the SEE sector as a whole were well below 10 percent, two enterprises exceeded their individual limits.

6

2

2005-06-30

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2007-05-18

P1

R6

BLANK

SB

22

3. Civil service and public employment reforms, and wages

At most, 10 percent of those leaving through attrition in each state enterprise will be replaced, with limited exceptions for specialist positions and overperforming enterprises with approval by the Treasury.

2

06/30/2006

M

Met for P1R3R4. New hires by the SEE sector as a whole were well below 10 percent, although two enterprises exceeded individual limits to address critical shortages of specialized, technical staff.

6

2

2006-06-30

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2007-05-18

P1

R6

BLANK

SB

22

3. Civil service and public employment reforms, and wages

At most, 10 percent of those leaving through attrition in each state enterprise will be replaced, with limited exceptions for specialist positions and overperforming enterprises with approval by the Treasury.

2

09/30/2006

M

Met for P1R5.

6

2

2006-09-30

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2007-05-18

P1

R6

BLANK

SB

22

3. Civil service and public employment reforms, and wages

At most, 10 percent of those leaving through attrition in each state enterprise will be replaced, with limited exceptions for specialist positions and overperforming enterprises with approval by the Treasury.

2

12/31/2006

M

Met for P1R6.

6

2

2006-12-31

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2007-05-18

P1

R6

BLANK

SB

22

3. Civil service and public employment reforms, and wages

At most, 10 percent of those leaving through attrition in each state enterprise will be replaced, with limited exceptions for specialist positions and overperforming enterprises with approval by the Treasury.

2

Continuous

SB

N/A

6

2

2023-09-23

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2007-05-18

P1

R6

BLANK

SB

22

3. Civil service and public employment reforms, and wages

Complete comprehensive review of civil service wage and employment structure.

3

12/31/2005

M

Met at P1R3R4.

6

3

2005-12-31

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2007-05-18

P1

R6

BLANK

SB

23.1

4.1. Pension reforms

Parliamentary approval of the administrative social security reform law.

1

06/30/2005

MOD-PA

At P1R1R2, this structural benchmark was upgraded to a spc with end-January 2006 test date. The submission to parliament was reset as a prior action.

6

1

2005-06-30

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2007-05-18

P1

R6

BLANK

SB

23.2

4.2. Other social sector reforms (e.g., social safety nets, health and education)

Develop a quantitative framework for monitoring health expenditure and assessing medium-term trends.

1

09/30/2005

M

N/A

6

1

2005-09-30

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2007-05-18

P1

R6

BLANK

SB

23.2

4.2. Other social sector reforms (e.g., social safety nets, health and education)

Expansion of family medicine program to 22 regions.

2

12/31/2007

SB

N/A

6

2

2007-12-31

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2007-05-18

P1

R6

BLANK

SB

24.2

5.2. Privatization, public enterprise reform and restructuring, other than pricing

Parliamentary submission of legislation stengthening state enterprise governance.

1

09/30/2005

NM

At P1R1R2, not observed. Further consideration needed with stakeholders before law can be submitted.

6

1

2005-09-30

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2007-05-18

P1

R6

BLANK

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Completion of implementing regulations for the Banking Law.

1

06/30/2006

MOD-DATE

At P1R1R2, condition was reset to 9/30/06 test date due to delays in passing the Banking Law.

6

1

2006-06-30

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2007-05-18

P1

R6

BLANK

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Completion of implementing regulations for the Banking Law.

1

08/31/2006

MD

At P1R5, regulations issued in November 2006.

6

1

2006-08-31

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2007-05-18

P1

R6

BLANK

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Completion of implementing regulations for the Banking Law.

1

09/30/2006

MOD-DATE

At P1R3R4, test date was brought forward from end-September 2006 to end-August 2006.

6

1

2006-09-30

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2007-05-18

P1

R6

BLANK

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Set up a committee to assess whether integrated financial sector supervision is warranted, with findings to be presented by end-March 2006.

2

03/31/2006

MD

Met with delay at P1R3R4.

6

2

2006-03-31

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2007-05-18

P1

R6

BLANK

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Publication by BRSA of its planned reforms taking into account the findings of the Imar inquiry.

3

09/30/2005

MD

At P1R1R2, done with small delay. Published on October 11, 2005.

6

3

2005-09-30

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2007-05-18

P1

R6

BLANK

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Passage of insurance law.

4

06/30/2007

SB

N/A

6

4

2007-06-30

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2007-05-18

P1

R6

BLANK

SB

25.2

6.2. Restructuring and privatization of financial institutions

Adopt a timetable for the phasing out of special privileges and obligations of the state banks.

1

06/30/2005

MOD-DATE

At P1R1R2, condition was not observed for 6/30/2005 test date due to delays in hiring financial advisor. Reset to 3/31/2006.

6

1

2005-06-30

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2007-05-18

P1

R6

BLANK

SB

25.2

6.2. Restructuring and privatization of financial institutions

Adopt a timetable for the phasing out of special privileges and obligations of the state banks.

1

03/31/2006

NM

Not met at P1R3R4. At that time, expected to be met by end-July 2006. At P1R5, "timetable announced in July 2006".

6

1

2006-03-31

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2007-05-18

P1

R6

BLANK

SB

25.2

6.2. Restructuring and privatization of financial institutions

Complete tender process for Halkbank.

2

05/31/2007

MOD-PA

At P1R6, a revised strategy for the privatization of Halkbank was envisaged, as a first step, an IPO for at least 20 percent of its shares. Completion of the IPO was expected by no later than May 15, 2007, and was specified as a prior action.

6

2

2007-05-31

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2007-05-18

P1

R6

BLANK

SB

25.2

6.2. Restructuring and privatization of financial institutions

Adoption of state bank specific strategies by both the government and the boards of the state banks.

3

06/30/2005

MD

At P1R1R2, done with delay. Strategies approved June 30, but related TOR for hiring financial advisor not agreed to until September 2005.

6

3

2005-06-30

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2007-05-18

P1

R6

BLANK

SB

25.2

6.2. Restructuring and privatization of financial institutions

Launch of first IPO for Vakifbank.

4

12/31/2005

M

N/A

6

4

2005-12-31

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2007-05-18

P1

R6

BLANK

SB

25.2

6.2. Restructuring and privatization of financial institutions

Announcement of detailed state bank privatization strategies and timetables.

5

06/30/2006

NM

At P1R3R4, "This end-June 2006 SB is expected to be met by end-July 2006."

6

5

2006-06-30

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2007-05-18

P1

R6

BLANK

SB

25.2

6.2. Restructuring and privatization of financial institutions

SDIF to sell all remaining non-related party loans by auction.

6

12/31/2005

M

Met at P1R3R4. Loans that received no bids will be re-auctioned this year.

6

2005-12-31

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2007-05-18

P1

R6

BLANK

SB

30.1

11.1. Private sector legal and regulatory environment reform (non financial sector)

Legal framework for large employers to pay salaries through bank accounts.

1

06/30/2007

SB

N/A

6

1

2007-06-30

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2007-05-18

P1

R6

BLANK

SPC

20.1

1.1. Revenue measures, excluding trade policy

Parliamentary approval of second stage of personal income tax reform.

1

09/30/2006

WMOD-DATE

At P1R1R2, this former sb not observed, and reset to end-December 2005 for first stage of reform. Second stage envisages submission to Parliament by end-May 2006 (pc), and approval by end-September 2006 (pc). At P1R1R2, the descriptior was "Parliamentary approval of legislation to reform the personal income tax". At P1R3R4, not observed, and waiver granted. Reset to end-September 2006 (pc) for submission of legislation, and end-December 2006 (pc) for approval of legislation because of ongoing administrative delays. At P1R3R4, change in description to "Parliamentary approval of second stage of personal income tax reform."

6

1

2006-09-30

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2007-05-18

P1

R6

BLANK

SPC

20.1

1.1. Revenue measures, excluding trade policy

Parliamentary approval of second stage of personal income tax reform.

1

12/31/2006

WMOD-DATE

At P1R5, delay expected, and reset to end-February 2007.

6

1

2006-12-31

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2007-05-18

P1

R6

BLANK

SPC

20.1

1.1. Revenue measures, excluding trade policy

Parliamentary approval of second stage of personal income tax reform.

1

02/28/2007

W

At P1R6, law passed with one day delay and a required provision--enhancement of the tax administration's powers to cross-check income and expenditure--omitted; this provision is expected to be adopted in future legislation.

6

1

2007-02-28

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2007-05-18

P1

R6

BLANK

SPC

20.1

1.1. Revenue measures, excluding trade policy

Submission of draft legislation for second stage of personal income tax reform

2

05/31/2006

WMOD-DATE

At P1R1R2, this former sb not observed, and reset to end-December 2005 for first stage of reform. Second stage envisages submission to Parliament by end-May 2006 (pc), and approval by end-September 2006 (pc). At P1R1R2, decriptor read "Submit to parliament legislation to reform the personal income tax". At P1R3R4, not observed, and waiver granted. Reset to end-September 2006 (pc) to permit broader consultation with stakeholders. At P1R3R4, change in descriptor to "Submission to Parliament of second stage of personal income tax reform."

6

2

2006-05-31

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2007-05-18

P1

R6

BLANK

SPC

20.1

1.1. Revenue measures, excluding trade policy

Submission of draft legislation for second stage of personal income tax reform

2

09/30/2006

W

At P1R5, not observed, and waiver granted. At that time, it was submitted as a prior action, which was met.

6

2

2006-09-30

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2007-05-18

P1

R6

BLANK

SPC

20.2

1.2. Revenue administration, including customs

No new amnesties of arrears on public sector recievables as defined in Annex F.

1

09/30/2005

MOD-DATE

At P1R1R2, EBS/05/166, Supplement 1, reads "Will not be observed. Proposed arrear rescheduling contains amnesty element."

6

1

2005-09-30

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2007-05-18

P1

R6

BLANK

SPC

20.2

1.2. Revenue administration, including customs

No new amnesties of arrears on public sector recievables as defined in Annex F.

1

06/30/2006

W

At P1R3R4, not observed. Waiver granted.

6

1

2006-06-30

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2007-05-18

P1

R6

BLANK

SPC

20.2

1.2. Revenue administration, including customs

No new amnesties of arrears on public sector recievables as defined in Annex F.

1

09/30/2006

M

Met for P1R5.

6

1

2006-09-30

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2007-05-18

P1

R6

BLANK

SPC

20.2

1.2. Revenue administration, including customs

No new amnesties of arrears on public sector recievables as defined in Annex F.

1

12/31/2006

M

Met for P1R6.

6

1

2006-12-31

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2007-05-18

P1

R6

BLANK

SPC

20.2

1.2. Revenue administration, including customs

No new amnesties of arrears on public sector recievables as defined in Annex F.

1

Continuous

PC

N/A

6

1

2023-09-23

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2007-05-18

P1

R6

BLANK

SPC

23.1

4.1. Pension reforms

Parliamentary approval of pension reform legislation.

1

06/30/2005

WMOD-DATE

At P1R1R2, condition was not observed for 6/30/2005 test date, and new 2/15/2006 test date set.

6

1

2005-06-30

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2007-05-18

P1

R6

BLANK

SPC

23.1

4.1. Pension reforms

Parliamentary approval of pension reform legislation.

1

02/15/2006

W

Met with delay at P1R3R4. Waiver granted.

6

1

2006-02-15

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2007-05-18

P1

R6

BLANK

SPC

23.1

4.1. Pension reforms

Parliamentary approval of the administrative social security reform law.

2

01/31/2006

W

At P1R1R2, this former sb with 6/30/2005 test date was not observed, and was upgraded to a spc with end-January 2006 test date. Met with delay at P1R3R4. Waiver granted.

6

2

2006-01-31

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2007-05-18

P1

R6

BLANK

SPC

23.2

4.2. Other social sector reforms (e.g., social safety nets, health and education)

Parliamentary approval of legislation authorizing copayments for medical treatments and pharmaceuticals.

1

12/31/2006

M

At P1R6, observed, however, legislation subsequently obviated by Constitutional Court annulment of social security reform.

6

1

2006-12-31

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2007-05-18

P1

R6

BLANK

SPC

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Parliamentary approval of Banking Law.

1

06/30/2005

W

At P1R1R2, initially passed on July 2, but subsequently vetoed. Re-approved on October 19, 2005, and signed into law on November 1, 2005.

6

1

2005-06-30

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2008-05-09

P1

R7

L

PA

20.1

1.1. Revenue measures, excluding trade policy

Parliamentary approval of corporate income tax legislation.

2

Combined Third and Fourth Reviews Prior Action

M

At P1R4, met five days before Board meeting. Combined 3rd and 4th reviews.

7

2

2023-09-23

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2008-05-09

P1

R7

L

PA

20.1

1.1. Revenue measures, excluding trade policy

Submit to parliament legislation for second-stage personal income tax reform.

3

Fifth Review Prior action

M

At P1R5, spca was waived, and upgraded to a pa.

7

3

2023-09-23

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2008-05-09

P1

R7

L

PA

20.2

1.2. Revenue administration, including customs

Parliamentary approval of tax administration legislation.

1

Program Prior Action

M

N/A

7

1

2023-09-23

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2008-05-09

P1

R7

L

PA

20.2

1.2. Revenue administration, including customs

Introduction of a risk-based audit system for VAT refunds.

2

Seventh Review Prior action

M

N/A

7

2

2023-09-23

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2008-05-09

P1

R7

L

PA

20.2

1.2. Revenue administration, including customs

Increase in number of auditors assigned to Large Taxpayer Unit (LTU) to 35.

4

Sixth Review Prior action

M

At P1R6, met five days before Board meeting.

7

4

2023-09-23

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2008-05-09

P1

R7

L

PA

20.3

1.3. Expenditure measures, including arrears clearance

Adopt fiscal measures to bring back expenditures in line with the program.

1

Combined Third and Fourth Reviews Prior Action

M

At P1R4, met five days before Board meeting. Combined 3rd and 4th reviews.

7

1

2023-09-23

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2008-05-09

P1

R7

L

PA

20.4

1.4. Combined expenditure and revenue measures

Adoption of a revised medium-term fiscal plan targeting a debt ratio of 30 percent of GDP (Maastricht definition) by 2012.

1

Seventh Review Prior action

M

Pending at P1R7.

7

1

2023-09-23

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2008-05-09

P1

R7

L

PA

20.7

1.7. Fiscal transparency (publication, parliamentary oversight)

Publication of historical fiscal outturns on new "central government" basis.

1

Sixth Review Prior action

M

N/A

7

1

2023-09-23

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2008-05-09

P1

R7

L

PA

20.8

1.8. Budget preparation (e.g., submission or approval)

Submit to parliament 2007 central government budget consistent with achieving a headline 6.5 percent primary surplus.

2

Fifth Review Prior action

M

N/A

7

2

2023-09-23

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2008-05-09

P1

R7

L

PA

23.1

4.1. Pension reforms

Parliamentary submission of pension reform legislation

1

Program Prior Action

M

N/A

7

1

2023-09-23

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2008-05-09

P1

R7

L

PA

23.2

4.2. Other social sector reforms (e.g., social safety nets, health and education)

Parliamentary submission of social security administrative reform law.

2

Combined First and Second Reviews Prior Action

M

Combined 1st and 2nd reviews.

7

2

2023-09-23

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2008-05-09

P1

R7

L

PA

24.2

5.2. Privatization, public enterprise reform and restructuring, other than pricing

Launch of the tender process for the privatization of four regional electricity distribution companies.

1

Seventh Review Prior action

M

Pending at P1R7.

7

1

2023-09-23

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2008-05-09

P1

R7

L

PA

25.2

6.2. Restructuring and privatization of financial institutions

Publication of SDIF's strategy to complete bulk of asset recoveries by end-2007.

1

Program Prior Action

M

N/A

7

1

2023-09-23

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2008-05-09

P1

R7

L

PA

25.2

6.2. Restructuring and privatization of financial institutions

Financial advisors to finalize recommendations on how to proceed with the privatization of Halkbank.

2

Combined Third and Fourth Reviews Prior Action

M

At P1R4, met five days before Board meeting. Combined 3rd and 4th reviews.

7

2

2023-09-23

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2008-05-09

P1

R7

L

PA

25.2

6.2. Restructuring and privatization of financial institutions

Announce detailed timetable for privatization of Halkbank.

3

Fifth Review Prior action

NM

At P1R5, the timetable for the privatization of Halkbank had to be delayed. On December 6, the High Administrative Court issued an injunction on the sale of Halkbank, suspending the process indefinitely. IMF staff supports the completion of the fifth review, notwithstanding the nonobservance of the prior action on Halkbank.

7

3

2023-09-23

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2008-05-09

P1

R7

L

PA

25.2

6.2. Restructuring and privatization of financial institutions

Completion of initial public offering (IPO) of at least 20 percent of Halkbank.

4

Sixth Review Prior action

M

At P1R6, met 5 days before Board meeting.

7

4

2023-09-23

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2008-05-09

P1

R7

L

PA

25.2

6.2. Restructuring and privatization of financial institutions

Parliamentray submission of Banking Law.

5

Program Prior Action

M

N/A

7

5

2023-09-23

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2008-05-09

P1

R7

L

PA

25.2

6.2. Restructuring and privatization of financial institutions

Separation of board in Ziraat and Halk.

6

Program Prior Action

M

N/A

7

6

2023-09-23

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2008-05-09

P1

R7

L

PA

30.1

11.1. Private sector legal and regulatory environment reform (non financial sector)

Adoption of a legal framework requiring large employers to pay salaries through bank accounts.

1

Seventh Review Prior action

M

N/A

7

1

2023-09-23

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2008-05-09

P1

R7

L

SB

20.1

1.1. Revenue measures, excluding trade policy

Maintain excise taxes and SEE prices in line with 2006 program assumptions

2

06/30/2005

M

Met for P1R1R2.

7

2

2005-06-30

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2008-05-09

P1

R7

L

SB

20.1

1.1. Revenue measures, excluding trade policy

Maintain excise taxes and SEE prices in line with 2006 program assumptions

2

06/30/2006

M

Met for P1R3R4. With P1R3R4, description changes from "Maintain excise taxes and SEE prices in line with 2005 program assumptions" to "Maintain excise taxes and SEE prices in line with 2006 program assumptions."

7

2

2006-06-30

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2008-05-09

P1

R7

L

SB

20.1

1.1. Revenue measures, excluding trade policy

Maintain excise taxes and SEE prices in line with 2006 program assumptions

2

09/30/2006

M

Met for P1R5.

7

2

2006-09-30

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2008-05-09

P1

R7

L

SB

20.1

1.1. Revenue measures, excluding trade policy

Maintain excise taxes and SEE prices in line with 2006 program assumptions

2

12/31/2006

NM

At P1R6, not met due to delay in energy price adjustments.

7

2

2006-12-31

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2008-05-09

P1

R7

L

SB

20.1

1.1. Revenue measures, excluding trade policy

Maintain excise taxes and SEE prices in line with 2006 program assumptions

2

12/31/2007

M

Met for P1R7. Description changed to "in line with 2007 program assumptions."

7

2

2007-12-31

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2008-05-09

P1

R7

L

SB

20.1

1.1. Revenue measures, excluding trade policy

Maintain excise taxes and SEE prices in line with 2006 program assumptions

2

Continuous

SB

Conditionality expired with the end of the SBA, at P1R7.

7

2

2023-09-23

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2008-05-09

P1

R7

L

SB

20.1

1.1. Revenue measures, excluding trade policy

Prepare legislation to reform the personal income tax.

3

09/30/2005

MOD-SPC

At P1R1R2, this structural benchmark was reclassified as a performance criterion.

7

3

2005-09-30

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2008-05-09

P1

R7

L

SB

20.1

1.1. Revenue measures, excluding trade policy

Adopt legislative changes to streamline the structure of the PIT by unifying the schedules for wage and nonwage income and reducing the number of tax brackets.

6

12/31/2005

MD

Met with delay in March 2006, at P1R3R4.

7

6

2005-12-31

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2008-05-09

P1

R7

L

SB

20.2

1.2. Revenue administration, including customs

Establish a large-taxpayers unit within the Revenue Administration.

1

12/31/2005

MOD-DATE

At P1R1R2, condition was delayed due to administrative delays, and new 6/30/2006 test date was set.

7

1

2005-12-31

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2008-05-09

P1

R7

L

SB

20.2

1.2. Revenue administration, including customs

Establish a large-taxpayers unit within the Revenue Administration.

1

06/30/2006

MOD-DATE

Not met at P1R3R4. Reset to end-Dec 2006 because of ongoing administrative delays.

7

1

2006-06-30

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2008-05-09

P1

R7

L

SB

20.2

1.2. Revenue administration, including customs

Establish a large-taxpayers unit within the Revenue Administration.

1

12/31/2006

M

N/A

7

1

2006-12-31

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2008-05-09

P1

R7

L

SB

20.2

1.2. Revenue administration, including customs

Establish tax policy unit at Ministry of Finance.

4

12/31/2005

NM

At P1R3R4, "with the establishing law passed in January 2006, the unit is expected to be made fully functional by end-July 2006." At P1R5, "unit made fully functional in July 2006."

7

4

2005-12-31

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2008-05-09

P1

R7

L

SB

20.2

1.2. Revenue administration, including customs

Complete functional restructuring of Revenue Administration, including reorganization of local tax offices.

5

04/30/2006

NM

At P1R3R4, "This end-April 2006 SB is expected to be completed by end-July 2006." At P1R5, "functional restructuring completed in August 2006".

7

5

2006-04-30

N/A