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Thứ tư, ngày 30 tháng 10 năm 2024
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Ngày 23/09/2010-10:17:00 AM
Turkish economy successfully overcomes impacts of global loan crisis: official
World Bank's Turkey Director Ulrich Zachau said on Wednesday that the Turkish economy successfully overcame the impacts of global loan crisis, and production figures returned to the pre-crisis level.
In an interview with the semi-official Anatolia news agency, Zachau said Turkey's economic growth could reach 7 percent in 2010, adding that unemployment rate was decreasing and it could return to the pre-crisis level within the next six to nine months.
Zachau said that as long as the fiscal administration was sound, Central Bank could reach inflation targets successfully.
Noting that employment rate increased in Turkey on the contrary to other countries, Zachau said that young labor force was a big potential in Turkey.
Stressing the importance of fiscal performance and order, Zachau said that Turkey's fiscal performance was strong in 2010.
Zachau said that Turkey displayed a successful performance in recovery of export rates after the crisis, adding that the export figures increased 14 percent in the first half of 2010 when compared to the same period of 2009./.
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