The Turkish government has reconfirmed its plans to privatise the country’s alcohol industry as part of a mass privatisation programme.
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Turkish deputy prime minister Abdullatif Sener said yesterday that he would push through the privatisation programme as part of reforms pledged to the International Monetary Fund (IMF) under a $16 billion loan pact.
Sener said Turkey planned to sell a stake in petrochemicals firm Petkim in the first quarter of this year. Sales of stakes in refiner Tupras and tobacco and alcohol monopoly Tekel were set for the second quarter.
