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In Turkey growth’s prediction is upgraded

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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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