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August 1- Collection of 50 U.S. dollars of charge from each citizen who wants to exit Turkey started.
August 2- Tofas decided to leave engine and gearbox production unit to Powertrain. Fitch IBCA downgraded Turkey`s long term foreign exchange and Turkish lira ratings.
August 3- IMF approved 1.5 billion U.S. dollars tranche of loan to Turkey.
August 13- Session periods at the IMKB were extended.
August 15- Forward Foreign Exchange Transactions Market was opened.
August 17- The Ankara Chamber of Commerce (ATO) started a campaign to increase prestige of Turkish lira.
August 18- Responsibility of places which were taken out of forested areas` borders on behalf of Treasury but remained under relevant rules of the Forestry Law was given to the Finance Ministry. The price difference decree which concerns contractors was issued.
August 22- Two bureaucrats were detained on charges of receiving commission in the auctions opened by the Public Works and Settlement Ministry while the investigation continued in coming days. Dervis gave exporters a good news that the problem in payment of VAT returns would be solved as soon as possible.
August 24- BRSA announced that total losses of SDIF-controlled banks was 16.3 quadrillion TL. Bilgin Holding`s payment plan for Etibank was approved.
August 25- Businessman Uzeyir Garih was stabbed to death. Prime Minister Ecevit supported the campaign aimed to increase prestige of Turkish lira.
August 27- Under the investigation into corruption in auctions, Public Works and Settlement Ministry Deputy Undersecretary Sedat Abay and the Construction Works Deputy Director General.were detained. Central Bank reduced overnight interest rates by 2 percent.
August 31- It was announced that growth rate was -11.8 percent in the second quarter of 201 and -8.5 percent in the first half of 2001. IMF First Deputy Managing Director Stanley Fischer quitted.
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