In Turkey, as in other countries, the human and economic toll of the COVID-19 pandemic has been severe. Thousands of lives have been tragically lost and many livelihoods compromised. The initial policy response to the pandemic-and subsequent sharp growth rebound-set Turkey apart from its peers....

This 2017 Article IV Consultation highlights that growth in Turkey has slowed following a strong performance in 2015. Investment is weak amid heightened uncertainty and a sharp deceleration of credit growth. Inflation has moderated but is still well above target. The current account deficit...

This report discusses the findings and recommendations made in the Financial Sector Assessment Program for Turkey in the area of financial system stability. The assessment identified some important priorities for further improvement in the policy framework and in implementation. Steps are...

This Selected Issues paper examines the new private pension automatic enrollment provisions in Turkey. The newly enacted automatic enrollment provisions have several advantages relative to the current voluntary private pension system. However, they have several weaknesses that risk endangering...