Özet:

International Monetary Fund (IMF), was established after the Second World War to settle international monetary relations and to solve the balance of payments problems. It helps to ease possible economic problems of member countries by providing financial support and technical assistance. Turkey, which became the member of IMF at its establishment year 1947, has been applying stabilization programs supported by IMF during the periods of economic instabilities. In this study, the letter of intents given under the 19th stand-by arrangement, review unders, back payments to the Fund, the evaluations and expectations of the Fund about Turkey are examined. In order to keep the inflation under control and decrease the public debt which is still at high levels, Turkey has to sustain disciplined monetary and fiscal policies and continue to implement the supply side structural reforms which will bolster productivity and increase employment

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