Turkish students protested against the International Monetary Fund and the government’s austerity programme in May. The protest was broken up by riot police and 19 students were detained. The protest coincided with a visit to Turkey by an IMF delegation, led by the fund’s Turkey desk chief, Carlo Cotarelli, which arrived to review progress under a $4bn stand-by deal, approved by the fund in December.
In the news
This factsheet explains how the International Finance Corporation (IFC) operates, how development impact is measured, and the latest trends in investments by sector, region and instrument.
The Bretton Woods Project is an ActionAid hosted project (UK registered charity no. 274467).