Ahval

Turkey unlikely to seek IMF bailout as Fed prepares to hike, FDD director says

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Turkey is unlikely to take advantage of financial assistance offered to emerging markets by the International Monetary Fund because President Recep Tayyip Erdoğan is reluctant to abandon his influence over autonomous state institutions, Aykan Erdemir, senior program director for Turkey at the Foundation for Defence of Democracies (FDD), said in an interview for Ahval’s podcast series 12 Minutes on Tuesday.