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Thursday, September 06, 2012

Turkey set to miss budget target, plans tighter policy | Reuters

Turkey set to miss budget target, plans tighter policy

By Nick Tattersall and Asli Kandemir

ANKARA | Thu Sep 6, 2012 1:44pm IST

(Reuters) - Turkey is highly likely to miss its budget deficit target of 1.5 percent of national output this year as growth slows and tax revenues fall but is looking at corrective measures including spending controls, Finance Minister Mehmet Simsek told Reuters.

More:Turkey set to miss budget target, plans tighter policy | Reuters