World Bulletin / News Desk
The current Turkish government has not allowed an election-time spending spree over the last 11 years, Turkish Prime Minister Recep Tayyip Erdogan stated Thursday, alluding to how previous governments lost control of the economy after splurging on election campaigns.
Speaking at the inauguration of Eighth Advisory Body Meeting of Investment in Turkey, Erdogan noted both domestic and international sectors started to remark that Turkey was reliable for entrepreneurship and investments.
Noting they had shown maximum efforts to organize elections in a constitutional process, he explained that Turkey attracts investments thanks to having a stable election system rather than early elections.
Erdogan reminded Turkey's export rates was around $9 billion in 2002, which increased to $49 billion at the end of August in 2013.
"As a result of stability based policies, Turkey has become a center, which attracts investors," Erdogan said and added Turkey's foreign direct investment rate increased to $145 billion at the end of August in 2013.
"The number of Turkish companies with internationally capital has exceeded 35 thousand," Erdogan added.