"Turkey’s defence budget and number of troops are likely to fall in the coming years
Turkey Defence and Security Report Q3 2009 - a new market research report on companiesandmarkets.com
www.companiesandmarkets.com/Summary-Market-Report/turkey-defence ..
the back of record low capacity utilisation in December, we now believe that Turkey will experience a full-year economic contraction in 2009. We have revised down this year’s real GDP growth forecast to -3.3%, with a marked contraction in fixed capital investments and private consumption weighing on headline growth. "
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