Turkish economy sees growth

Turkish Deputy Prime Minister Ali Babacan said that Turkish economy grew over eight percent in 2011. "We will all learn the certain figures in March", added Babacan who attended a conference in Istanbul on Tuesday.

Noting that Turkey fulfilled very important reforms between the years 2002 and 2008, Babacan said that those reforms strengthened Turkey's economic structure. "While our budget deficit was 12 percent of our national income in 2002, we recorded a one percent budget surplus in 2006, said Babacan, adding that Turkey's growth rate was nine percent in 2010," he said.


/WorldBulletin/