Turkish Economy Minister Ali Babacan on Wednesday said the country would achieve a budget deficit goal of 4.9 percent to GDP this year as planned in a medium term economic roadmap.
"By the end of year, budget deficit will drop to figures we have targeted in our Medium Term Programme," Babacan told reporters in a joint press appearance with the OECD secretary-general, Angel Gurria, in Ankara.
Babacan said he expected year-end account deficit to stand at 5 percent and he put the GDP-to-debt ratio at 43 or 44 percent.
The Turkish minister said Turkey had achieved a remarkable success in controlling jobless rates when compared to other countries according to figures of the OECD and Turkey's own statistics authority, however, adding that the country "had a lot to do to create more jobs and reduce jobless rates."
An OECD report on global unemployment figures said Turkey's jobless rate dropped 2.4 percent last April over a year earlier despite a trend of increase by an average of 0.6 percent globally.
The rise in unemployment was 0.9 percent in the European Union and it was 1 percent in the United States.
AALast Mod: 15 Eylül 2010, 17:47