ANKARA (AFP) -- Turkey's central bank said on Friday it saw ""deviations"" from the budget in the run-up to the July 22 elections and urged the newly re-elected government to curb spending.

""If there are deviations from the budget -- and it appears to be -- we expect measures to be taken so that the year-end targets are achieved,"" central bank governor Durmus Yilmaz told a press conference. The measures, he said, should be introduced ""without delay."" Turkey's budget showed a deficit in June and notably lower primary surplus data compared with a year earlier, in what, experts say, indicates increased public spending in the run-up to last weekend's early legislative elections. The ruling Justice and Development Party (AKP), credited for stabilizing the fragile economy and securing strong growth since it came to power in November 2002, won a resounding victory in the lection and pledged to pursue economic reform. The government last year failed to achieve its inflation target of 5.0 percent, with consumer prices increasing by 9.65 percent. Fighting inflation is a key element in Turkey's three-year stand-by program with the International Monetary Fund (IMF), which is backed by a 10-billion-dollar loan. The program had helped the government drastically to reduce inflation -- from 29.7 percent in 2002 to 7.7 percent in 2005. Ankara has yet to say how its relations with the IMF will proceed after the stand-by deal expires in May 2008. Durmus said Turkey would not need a fresh loan from the international lender, but raised questions on whether Ankara would have the political resolve to stick to fiscal discipline without IMF monitoring. ""The IMF has been an important anchor... The question now is: can we continue to make the decisions that we have made with the IMF without the IMF? If we can do that, there will be no problem,"" he said. ""My personal opinion is that in the coming term certain fiscal discipline rules should be determined, announced to the public and implemented -- with or without the IMF,"" he added. The business community and financial markets have welcomed AKP's re-election in the hope that another five-year term for the business-friendly party would consolidate economic stability