Turkey Central Bank Needs to Show Independence, IMF Says

The video discusses countries with excessive deficits and surpluses, highlighting the IMF's role in addressing these issues. It examines the impact of currency valuation on deficits and the benefits of floating exchange rates. The video also covers global trade tensions, emphasizing the need for policy adjustments and multilateral cooperation. Finally, it addresses Turkey's economic challenges, focusing on its current account deficit and the importance of a credible Central Bank.

What are the potential consequences of current trade tensions according to the report?

What challenges does Turkey face regarding its current account deficit?