Turkey can weather global economy risks
Turkey's economy and financial markets were unlikely to suffer a long term impact from developments rocking global markets, the Prime Minister's office said in a statement on Tuesday, after days of sharp declines in emerging markets, including Turkey, due to growing risk aversion among investors.
Turkey will maintain its fiscal discipline, pursue policies to increase employment, improve investment conditions and follow its privatisation programme, the statement said after Prime Minister Tayyip Erdogan held a meeting with his economic team.
The statement also said Turkey will focus on the rapid implementation of structural reforms to permanently solve the current account deficit problem.
The statement also said Turkey will focus on the rapid implementation of structural reforms to permanently solve the current account deficit problem.
Last Update: August 10, 2011 12:36