Government spokesperson Cemil Cicek said that the government would do its best to pass the IMF-required laws on pension reform and social security reform before the summer recess that starts on July 1. The parliamentary approval of pension reform legislation is a performance criterion while the passage of administrative social security reform is a benchmark according to the letter of intent, and the deadline set for them is end-June. An IMF mission is currently in Turkey for the first review of the government's performance under the stand-by programme.
Cicek also said that they looked warmly upin te foreign capital in the banking sector, and they did not consider setting any limit for foreign investments in the sector. Recently Deputy PM Abdullatif Sener said that he favoured limitation for foreign capital.