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Thursday, January 05, 2012

Deputy prime minister says Turkey’s economic growth likely to slow to 4 percent in 2012 - The Washington Post

Deputy prime minister says Turkey’s economic growth likely to slow to 4 percent in 2012

By Associated Press, Updated: Thursday, January 5, 6:36 AM

ANKARA, Turkey — Turkey’s economic growth will likely slow down to 4 percent this year from about 7.5 percent last year, a top government official said on Thursday.

Ali Babacan, one of four deputy prime ministers, said the government might further adjust its forecast for growth of 4 percent depending on developments in Europe’s financial crisis. He said the economy was expected to have grown by more than 7.5 percent in 2011.

More:Deputy prime minister says Turkey’s economic growth likely to slow to 4 percent in 2012 - The Washington Post