Turkish PM predicts year-end growth at 3.2 pct.

YAYINLAMA
GÜNCELLEME

 

 

Turkish Prime Minister Recep Tayyip Erdogan yesterday estimated that Turkey would grow 3.2 percent in 2012, adding the figure was only 0.1 points below a global growth expectation of 3.3 percent.  Erdogan said Turkey was estimated to grow 4 percent in 2013 and that the Turkish government targeted a five percent growth rate for 2014 and 2015.   Erdogan said public debt-to-GDP ratio was reduced from 61.5 percent in 2012 to 22.4 percent in 2011, and that the figure was expected to stand around 18 percent in 2012.