| Sections |
| Contact MENL |
<advertisement>
 Turkey Size: 780,580 square kilometers. Size: 62.7 million |
Turkey is beset by the worst fiscal crisis in decades. The lira has been
plunging against the dollar and even the billions of dollars in loans
provided by the International Monetary Fund are not expected to turn the
situation around. This will affect Turkey's ambitious military modernization
plan. Already, 32 projects worth $19.5 billion were suspected in 2001. Only
vital projects are being launched. These included the upgrade of the F-16
fleet with new electronic warfare systems and the upgrade of 170 M-60 tanks.
The economic crisis has led to rising unrest. Islamic opposition is not new
to Turkey. But the middle class and merchants are growing increasingly
angry. This portends a major threat to the government and regime.
To order a full country profile from Middle East Newsline, drop us an E-mail and we will respond with a price quote and more information. 
|
