Executive Board
Board Discussions
on Turkey:

January 11, 2017
March 25, 2016
November 21, 2014
November 20, 2013
November 16, 2012

Article IV Staff Reports

Financial Sector Assessment Program

Projected % Change
   2017  2018
Real GDP 2.5 3.3
Consumer Prices 10.1 9.1
Source: World Economic Outlook (April 2017)
Please refer to more recent Press Release/Staff reports on this country for possible revisions.

Turkey: Financial Position in the Fund

Transactions with the Fund

IMF Resident Representative
Office in Turkey

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Turkey and the IMF
Updated July 28, 2017

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IMF Survey Online
February 23, 2017 -- Turkey's Economy Hit By Declining Tourism
April 25, 2016 -- IMF Survey : Turkey: Growth is Robust but More Structural Reforms are Needed
Turkey proved resilient to outside turbulence and posted good growth figures, but the IMF warns of a high current deficit that could hamper growth in the medium term.
December 20, 2013 -- IMF Survey : Turkey: Increasing Saving to Reduce Vulnerabilities
Turkey’s economy holds much promise, but the country will have to make its economy competitive and reduce its external deficit in order to join the ranks of high-income countries, the IMF says.
May 14, 2012 -- IMF Survey: Costly Mideast Subsidies Need Better Targeting
Well-intended energy and food price subsidies are increasingly weighing on government budgets and debt levels across the Middle East and North Africa and are not necessarily the most efficient way to channel aid to the most vulnerable, participants at a recent IMF seminar said.
May 11, 2012 -- IMF Survey: Reforms to Strengthen Economic Stability Will Help Turkey's Growth and Jobs
Turkey, at the crossroads of Europe and the Middle East, is a key player in the global economy that has seen ten years of high growth. Going forward, it will be important that the country continues to implement economic reforms to sustain stability, growth and to increase employment, said Christine Lagarde on her first trip to the country since her selection as head of the International Monetary Fund.
March 03, 2011 -- IMF Survey: Important Milestone Reached to Reinforce IMF Legitimacy
A package of measures, agreed in 2008 to strengthen the representation of dynamic economies in the IMF, has come into force. The reform provides for quota increases for 54 countries, with the largest gains going to emerging market countries. The reform will also enhance the influence of low-income countries in the IMF's decision-making.
September 09, 2009 -- IMF Survey: Istanbul Meetings to Develop Strategy for Recovery Period
One year after the global economy came close to a meltdown, political leaders and financial officials from around the world will attend a series of meetings to assess what to do next as recovery takes hold, culminating in the IMF-World Bank Annual Meetings in Istanbul.
July 10, 2009 -- IMF Survey: Turkey Gears Up To Host IMF-World Bank Meetings
Turkey is preparing to host one of the world's biggest gatherings of financial officials and business leaders amid the worst economic crisis in 60 years. The IMF-World Bank Annual Meetings will be held in Istanbul in October.