Turkish President Recep Tayyip Erdogan on Tuesday expected the country’s economic growth to reach a minimum of 10 percent this year, and this came in a television interview with the state-run TRT1 channel.
“We expect the growth of the Turkish economy this year to reach a minimum of 10 percent,” President Erdogan said.
“We will not allow anyone to make economic growth unstable, and we will get out of this cycle,” he added.
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On the other hand, President Erdoğan stressed that interest is a cause and inflation is a result, “We are currently reducing interest rates, and together we will see a decrease in inflation as well, God willing.”
Addressing foreign investors, he added, “It is time for long-term investments, and whoever makes such investments in Turkey always wins.”
