State minister Babacan attends OECD meting in Paris

Deputy Prime Minister Ali Babacan, currently in Paris to attend the Council of Ministers of the Organization for Economic Cooperation and Development (OECD), yesterday met with International Monetary Fund First Deputy Managing Director John Lipsky. Afterwards, Babacan told a press conference that talks with the IMF are ongoing and that the government is preparing for scenarios both with and without the IMF. He said that reporters should ignore rumors on the issue in the absence of a statement by the Treasury or himself.