3.1 percent growth rate for Turkey in 2013 predicted: OECD

The OECD increased its prediction of Turkey's growth rate for 2014 and noted it as 4.6 percent.

3.1 percent growth rate for Turkey in 2013 predicted: OECD

World Bulletin/News Desk

Turkey would grow 3.1 percent in 2013, said the "economic outlook" of the Paris-based Organization for Economic Co-operation and Development on Wednesday..

The OECD Secretary General Angel Gurria made public the "economic outlook" report of the leading economic think-tank about the member countries at a press meeting in the French capital of Paris.

The OECD stated that with the economic recovery in 2014, it increased its prediction of Turkey's economic growth rate to 4.6 percent.

The report noted, "current account deficit and the inflation rate were over the grade of acceptable.”

The report reminded of the tight fiscal discipline of Turkish officials for 2013 and 2014 and stated, "The government has to take necessary precautions in order to enliven the economy."

Last Mod: 29 Mayıs 2013, 16:46
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