Turkiye’s policy turnaround has reduced economic imbalances and revived confidence, the IMF said after its Article IV consultation ended.
Headline inflation has dropped and is likely to fall further.
Market sentiment has sharply improved.
After a strong Q1, growth has weakened and is expected to fall to 3 per cent in 2024 and 2.7 per cent in 2025, recovering toward 4 per cent in the medium term.