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In Turkey growth’s prediction is upgraded


According to the fact that the growth of the Turkish economy in the second quarter exceeded expectations, the International Bank growth’s prediction for Turkey this year increased from 3 to 3.2 percent. The growth’s prediction for 2016 and 2017 the International Bank has left unchanged – 3.5 percent. The inflation’s prediction in 2015 has been revised upwards – to 7.5 percent. The International Bank reports that the government should pay attention to the fact that Turkey’s current account deficit is still at a high level, and there are a lot of external factors, so without serious structural reforms to reduce it to less than 5.5 per cent is not possible.


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