Business · Economy · 3 hrs ago
IMF ranks Türkiye among leaders in public finance transparency
The IMF has published an assessment of Türkiye’s public finance transparency.
It says Türkiye is among the highest-ranked of about 40 countries whose reviews are complete, including the United Kingdom, Finland, Ireland, Austria and Portugal.
The IMF credits improvements to financial statistics, program budgeting and public accounting standards for the progress.
In 2000, it found weaknesses in Türkiye’s budget processes, limited balance-sheet information and insufficient disclosure of financial risks.
By 2015, the legal framework and medium-term budgeting had improved, and financial reporting covered more of the public sector.
The latest assessment sees the gains as the result of more than 20 years of institutional change, which matters because transparent public finances help show how government money and risks are managed.
The IMF ranked Türkiye among the highest-performing countries in a review of public financial management.
The review said Türkiye had made significant progress in fiscal transparency over the past 10 years.
Türkiye was among about 40 countries whose assessments were completed, including the United Kingdom, Finland, Ireland, Austria and Portugal.
The report credited reforms including improvements to fiscal statistics, performance-based program budgeting and the adoption of international public-sector accounting standards.
It described Türkiye’s progress as the result of an institutional transformation lasting more than 20 years.
- Who
- The IMF assessed Türkiye’s public financial management.
- What
- The IMF ranked Türkiye among the highest-performing countries in its fiscal transparency assessment.
- When
- The report was published by Habertürk on 23 October 2026.
- Where
- Türkiye.
- Why
- The report linked progress to reforms in fiscal statistics, budgeting and public-sector accounting.
This story does not have two clearly opposing sides.
The IMF found shortcomings in Türkiye’s budget processes and public financial reporting.
An IMF assessment found that Türkiye had strengthened its legal framework, developed medium-term budgeting and expanded financial reporting to cover the general government sector.
The IMF ranked Türkiye among the highest-performing countries assessed.
- Countries assessed
- About 40
- Earlier review
- 2000
- Previous assessment
- 2015
- Reforms cited
- Fiscal statistics, performance-based program budgeting and international public-sector accounting standards