Cover IMF Staff Country Reports
Turkey: 2012 Article IV Consultation
Author: International Monetary Fund. European Dept.
Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2012: Issue 338
Language:
English
Publication Date:
21 Dec 2012
DOI:
https://doi.org/10.5089/9781475545067.002
ISBN:
9781475545067
ISSN:
1934-7685
Pages:
64
Keywords:
ISCR; CR; IFC financing; inflation expectation; inflation targeting; economy; target; current account; policy priority; target band; Current account deficits; Inflation; Fiscal stance; Global
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This report for the 2012 Article IV Consultation with Turkey discusses the macroeconomic conditions after the 2008 global financial crisis. After two years of rapid growth, the economy has slowed and imbalances are unwinding. However, owing to slower domestic demand, the Turkish financial system continues to remain sound. IMF staff supports the authorities’ fiscal objective for 2013 and also the medium-term fiscal plan for 2013–15. But, they recommend a tighter monetary policy stance given the upside risks to inflation.
Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund