Will Turkey turn to the IMF?

The damage to Turkey’s economy from the coronavirus outbreak has led to suggestions that the government may turn to the IMF for a financing package, but the political backdrop means that this would almost certainly be a last resort. Policymakers would probably turn to capital controls and bilateral financing first. And even if President Erdogan buckles, the size of a potential bailout for Turkey and the conditions attached mean that securing a deal would be a tall order.