16:00, 15 September 2012 Saturday
Turkish economy to grow 4 pct in 2012
Turkish development minister predicts Turkey would grow 4 percent in 2012.
World Bulletin/News Desk
Turkish development minister said on Saturday that they predicted Turkey would grow 4 percent in 2012.
"If we grow by 4 percent this year, then the average of the last three years will be over 7 percent. It is an important performance," Cevdet Yilmaz said at the meeting of Independent Industrialists' and Businessmen's Association of Turkey (MUSIAD) in central province of Konya.
Yilmaz said that this year's growth was important as it was based on exports.
Turkey boosted its competitive power and macroeconomic stability played a key role in it, he said.
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In my opinion, if we want to understand Erdogan's words clearly, firstly, we should understand the parameters of Turkish foreign policy.
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