Deputy premier praises Turkish economy in Japan

YAYINLAMA
GÜNCELLEME
In an interview with Japan’s economy newspaper Nikkei, Deputy Prime Minister Ali Babacan praised the Turkish economy, reminding that Turkey had announced a 3-year plan at a time when many countries in the world could not even formulate a few months during the global financial crisis of 2009.  "Many foreign banks willing to enter the Turkish market complained about high amounts of liquidity and capital required, but Turkey did not regret such requirements," Babacan said. Babacan also announced Turkey’s plans of issuing Treasury bonds with assistance of the Japanese Bank for International Cooperation (JBIC). "Our Treasury had issued bonds worth 180 billion yens. It was a successful attempt and we plan to repeat it," he said.