Turkey: Fiscal Transparency Evaluation

IMF Staff Country Reports, July 18, 2017

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Turkey: Fiscal Transparency Evaluation

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Bibliographic details

• Published: July 18, 2017
• Series: IMF Staff Country Reports
• DOI: https://doi.org/10.5089/9781484309377.002

Executive findings

• The paper discusses findings of the evaluation of fiscal transparency in Turkey.
• As a result of several reforms, Turkey has made significant progress against the 36 principles of the IMF’s new Fiscal Transparency Code.
• Fiscal transparency practices are strongest in the area of fiscal reporting.
• In 5 of the areas where Turkey’s transparency practices do not currently meet basic practice, this could be readily addressed by publishing data that are already collected for internal management purposes.

Assessment against the Fiscal Transparency Code

• Of the 36 principles in the Code, Turkey meets:
  • 10 principles at the basic level,
  • 13 principles at the good level,
  • 6 principles at the advanced level.

Thematic coverage (as described)

• Budget planning and preparation
• Expenditure
• Financial statements
• Fiscal reporting
• Fiscal risks
• Macroeconomic and fiscal forecasts
• Public financial management (PFM)
• Public sector

Keywords and topics highlighted

• annual budget
• appropriation authority
• balance sheet
• Budget planning and preparation
• budget proposal
• central government
• contingency reserve
• CR
• Europe
• final accounts
• Financial statements
• Fiscal risks
• General government debt
• Global
• government data
• government forecast
• government report
• government transfer
• income statement
• ISCR
• local government
• Macroeconomic and fiscal forecasts
• property holding
• service fee

Content in this bundle

• Country Report
  • Country Report (Markdown version)
  • Country Report (PDF)