A 5.5 percent growth rate in 2010 could help recoup the Turkish economy’s 2009 losses and return the country to the performance of 2008, Deputy Prime Minister Ali Babacan has said.
Speaking on a program on CNNTurk, Ali Babacan noted that if the economy can achieve a 5 to 5.5 percent growth rate in 2010, then Turkey will be back to its 2008 levels and will have fully put the economic crisis behind. Babacan noted that the İstanbul Stock Exchange (İMKB) was also welcoming the signs of recovery and had “decoupled from global stock markets” in the past few months.
For more: Babacan: 5.5 percent growth could bring us back to 2008
Speaking on a program on CNNTurk, Ali Babacan noted that if the economy can achieve a 5 to 5.5 percent growth rate in 2010, then Turkey will be back to its 2008 levels and will have fully put the economic crisis behind. Babacan noted that the İstanbul Stock Exchange (İMKB) was also welcoming the signs of recovery and had “decoupled from global stock markets” in the past few months.
For more: Babacan: 5.5 percent growth could bring us back to 2008
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