What crisis? Turkey's economy still expanding
Turkish economic growth beat expectations in the first quarter of this year by registering a 4.4 percent year-on-year growth in gross domestic product (GDP), government data said on Tuesday.
The growth in GDP was 1.7 percent in the first quarter over the previous quarter. A fast growth in exports accompanied by a solid domestic and an increase in public investments were the main drivers of the first quarter’s 4.3 percent growth in GDP.
The expansion in GDP was 4 percent for the entire 2013.
- Jumping on the IMF's bandwagon: Kuwait quietly embarks on subsidy-slashing journey
- Even the numbers are on the feminist side: companies with females in top management yield higher returns
- Kingdom in debt, Kingdom in danger: Saudi Arabia's pending deficit raises frightening possibilities
- 'Dead aid': is there any hope left for South Sudan's economy?
- Why the ME's high net worth individuals should be investing in family businesses