The Turkish economy was in serious trouble before 11 September, with high inflation and a big government deficit. The geopolitical importance of Turkey as a Western military base led to renewed efforts by the IMF to provide a rescue package to stabilise the country. This enjoyed some success in the first six months of the year, but political uncertainty - due to the illness of the Prime Minister - put renewed pressure on the economy over the summer, with sharp falls in the currency. The government's promises of economic reform will be tested in the November elections.
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