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Turkey's new economic program, announced in September 2018, targets a current-account-deficit-to-GDP ratio this year of 3.3%.
September 24th, 2019 - 07:27 GMT

IMF: Turkey Won't Go into Recession in 2019

The International Monetary Fund (IMF) announced in a report on Monday that it did not expect Turkey to go into recession in 2019. {"preview_thumbnail":"https://cdn.flowplayer.com/6684a05f-6468-4ecd-87d5-a748773282a3/i/v-i-9…","video_id":"995a3147-c246-4af2-9c37-ed6407bdb75f","player_id":"8ca46225-42a2-4245-9c20-7850ae937431","provider":"flowplayer","video":"10 Highest Cinema Ticket Prices Around the World"} The IMF predicted positive growth this year at roughly 0.25%, it said in a concluding statement of the 2019 Article IV Mission after monitoring of economic developments in the country. "Buoyed by expansionary fiscal policy, rapid state bank credit ...
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