Turkish govt revises inflation, growth expectations in updated MTP

Turkish authorities revised on Thursday expectations for inflation and development whereas unveiling an up to date medium-term program within the capital Ankara.

“Last year’s growth realized at 5.1%, according to revised data of TurkStat, due to geopolitical risks in the region, we revised this year’s growth expectation to 3.5% from the 4% we announced last year,” Vice President Cevdet Yılmaz mentioned.

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