Friday, December 21, 2018

Turkey and The IMF: Inevitable Partners

Turkish President Erdogan’s aggressive economic policies ahead of the March 2019 municipal elections are exacerbating the deteriorating economic conditions.

Smoke & mirror economic alternatives are grossly insufficient to resolve Turkey’s economic dilemma.

For this reason expect Turkey to enter talks with the IMF in the 2Q2019 for economic aid and favorable terms & conditions. An agreement with the IMF will stabilize Turkey’s economy and create suitable conditions for risk-taking investors including foreign direct investment opportunities.

Albert Goldson CEO of Indo-Brazilian Associates LLC provides comprehensive supporting trends in the following article Turkey and The IMF: Inevitable Partners that support this perspective.

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