Simsek: We are in good terms with the Central Bank

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Turkish Finance Minister Mehmet Simsek said "We are in good terms with the Central Bank" in an interview with Reuters, touching on the targets of Medium Term Plan. Simsek added that the budget deficit would come in below the government's target of 2.2 percent of GDP and the primary surplus would exceed its 1.2 percent target. Simsek said that the government spending would not overshoot budget targets this year, adding that the only exception for this could be in the field of infrastructure. Highlighting that the risks for the growth to be lower than 4 percent still remain, "Micro financial stability is extremely crucial for us. The central bank has performed superbly in a very difficult period," Simsek said.

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