4/6/2010

World Bank: Turkey’s growth to exceed expectations

 

The Guardian - Turkey's economy could grow six percent in 2010, well exceeding an official projection of 3.5 percent growth, and its current account deficit can be easily financed this year, said the World Bank on Monday. Data last week showed Turkey's economy shrank 4.7 percent in 2009, compared to the government's estimate of six percent, as well as surging back into positive territory with growth of 6.0 percent year-on-year in the fourth quarter.

turkey; world bank; economic growth; growth rate; growth projection; budget deficit

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