12/30/2009

Turkish Premier sees growth as of 2010

 

AA- Turkey’s Prime Minister Recep Tayyip Erdogan forecast growth as of 2010, saying that even the strongest economies had stagnated and that growth figures had dropped in 2009 due to the global crisis. "The growth process will begin as of 2010", Erdogan stated during a regular general assembly of the Foreign Economic Relations Board (DEIK) in Istanbul.

 

Erdogan said the International Monetary Fund (IMF) and the Organization for Economic Cooperation and Development (OECD) projected a growth around 3.7 percent for Turkey in 2010. "Other financial organizations have forecast a growth figure around 3.8 and 5.5 percent for Turkey, and we foresee a growth figure around 3.5 percent in our medium-term program", he noted. Erdogan also said the global crisis has naturally affected growth figures, exports and unemployment, but it has not had such a serious impact on Turkey.

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