Turkey has dynamic economy, IMF executive Lipsky
In an exclusive interview with the Anatolia news agency, IMF First Deputy Managing Director John Lipsky said Turkish economy was negatively affected by the global crisis like the other developing countries.
Lipsky said negative impacts of the global crisis would continue to be seen in Turkish economy this year.
IMF first deputy managing director said Turkish economy would have a rapid recovery next year in parallel to the recovery in global economy.
Lipsky said Turkey would have to deal with unemployment problem like all the other developing countries and pointed to the importance of short and long term economic measures in fight against unemployment.
He underlined that Turkey should achieve economic growth again to solve unemployment problem.
According to IMF's recent macro economic estimations, Turkey would shrink 6.5 percent in 2009, whereas it would grow 3.7 percent in 2010. Inflation would be 6.2 percent this year and 6.8 next year.
Separately, economists of IMF and World Bank estimated that Turkey could reach 5 percent economic growth in 2010 in case global conditions improve, recovery accelerates and Turkey's foreign trade volume rises.
Experts said Turkey would be in the position of "The Rapidly Growing Country of Rising Europe" in 2010.
- Suspected PKK terrorists fire at gendarmerie, police in Diyarbakır
- Obama: US won't stop confronting 'Islamic State'
- Bulgaria may extend Turkish border fence to bar Syrian, Iraqi refugees
- MHP leader: Official Gazette's delay of election results unlawful
- PKK attacks outpost construction site in Tunceli's Hozatlı district
- Militants attack major air base in eastern Syria
- Outgoing first lady breaks silence on criticism, promises ‘intifada'
- TurkStat : Age of youngest reported bonzai users drops below 11
- Skyscrapers damaging İstanbul skyline to be demolished
- Turkey denies German plane on Iraq aid mission barred from landing
- France seeks international meeting to tackle 'Islamic State'
- Gaza massacre goes on, Israel tries to kill Hamas military chief
- 10 dead, 22 missing in Hiroshima landslide
- Afghan government bans NYT reporter from leaving country
- Police move against protesters as calm dissolves in Ferguson
- Beşiktaş draw 0-0 at home to Arsenal in first leg of CL
- ‘IS' opens new anti-US front with beheading video
- Turkish lieutenant killed, another soldier injured in PKK attack
- Top Saudi cleric: Islamic State is Islam's enemy
- Turkey rejects Israeli claim it helped coup in West Bank
- Turkish President Gül: Davutoğlu to become new prime minister
- Argentina car crash kills 3 relatives of pope
- Turkish sergeant who took part in Lice statue removal dies
- Three killed in traffic accident in central Turkey
- Government says considering talks with PKK's military wing
- Israel attacks Gaza targets, recalls negotiators as truce collapses
- 5 youths taken to ICU after bonzai drug trip in Bursa
- Turkey may send floating power station to Gaza
- At least 34 injured in Kastamonu bus accident
- WHO says Ebola has killed more than 1,200
- 78 CHP provincial heads announce support for Kılıçdaroğlu
- Libyan militia fire rockets into affluent Tripoli residential district
- Blast in China coal mine traps 27 miners
- US ship finishes neutralizing Syria's worst chemical arms
- Wounded Palestinian transferred to Turkey for treatment dies
- Man given one year in prison for tweet about governor's wife
- UN launching major aid operation for half a million in northern Iraq
- Syria strikes militants as US targets them in Iraq
- Islamic State message to America: "we will drown all of you in blood"
- New operations target police investigating tender-rigging, spying
- One killed in Lice clashes over removal of statue of PKK member