Today's Zaman - Turkey's economy is exhibiting remarkable growth, following a period of strong recovery after the global financial credit crunch. Speaking to the state-owned Anatolia news agency, the Federal Reserve's (FED) Division of Monetary Affairs Deputy Associate Director Seth Carpenter commended Turkey's economic performance and said it had stayed afloat in the wake of global economic turmoil. He drew attention to the impressive growth rates the country has posted over the past year. Turkey's economy grew by 6 percent in the last quarter of 2009 and its gross domestic product (GDP) expanded by a further 11.7 percent over the first quarter of 2010. Industry and Trade Minister Nihat Ergun recently announced that the government is expecting double- digit annual growth for the country.