6/18/2008

IMF hopeful about Turkish economy

The New Anatolian - The International Monetary Fund (IMF) has predicted that Turkey would be ranked 16th among twenty biggest economies of the world in 2013. According to the IMF's predictions for the 2008-2013 period, Turkey's gross domestic product (GDP) in terms of its purchasing power parity (PPP) will increase to 942 billion USD as of the end of 2008. This amount is envisaged to rise to 1.3 trillion USD in 2013.