"FT REPORT - TURKEY 2007: Deficit worsens vulnerability to a global shock
By Anthony Skinner, Financial Times Published: Nov 21, 2007 Turkey's ever-expanding current account deficit has become the Achilles heel of the country's economy. In October, the State Planning Organisation projected that the import-fuelled balance of payments deficit would increase from $36.4bn in 2007 to $39.2bn in 2008. It was $31.7bn in 2006."
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