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.
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.”