According to Haber 7, the IMF has published an updated ranking of its most indebted member countries — including the current figure for Turkey's outstanding debt.
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According to Haber 7, an updated list of countries with the largest outstanding debt to the International Monetary Fund (IMF) has been made public. The list also reveals the amount of Turkey's current debt to the Fund.
Turkey has a long history with IMF borrowing. Under then-Prime Minister Erdoğan, the country fully repaid its IMF debt in 2013 and championed the "IMF-free Turkey" narrative. In recent years, however, debate has continued over how Ankara's relationship with the Fund might be reshaped amid successive currency crises and high inflation.
The list once again underscores the continued reliance of emerging economies on international financial institutions. Turkey's current debt figure and a comparison with other countries are available in the full report.
The IMF's list of highest debtor countries has been announced, with Turkey's debt appearing on the list. Although Turkey closed its IMF debt in 2013, the issue of renewed IMF dependency has returned to the agenda due to economic difficulties in recent years.
If Turkey's external financing dependency is returning, this could mean new constraints in exchange rate stability and fighting inflation. The reshaping of relations with the IMF will affect the government's economic policy choices and possible structural reforms.

Mehmet Yılmaz