Only Question for Erdogan Is Which Economic Taboo to Break

Ideas that a few months ago would have seemed anathema to President Recep Tayyip Erdogan are gaining traction as Turkey runs dangerously low on foreign-currency reserves and its economy succumbs to a recession amid the coronavirus pandemic.

A pro-government newspaper has broached the possibility of borrowing from the International Monetary Fund, helping give legitimacy to what officials have long publicly regarded as a non-starter. When asked Thursday how the IMF might assist Turkey, the fund’s chief said the institution has “a very constructive engagement” with it. The lira climbed sharply against the dollar.