February 13, 2012
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Babacan expects Turkey to grow between 3.7 and 5.5 percent in 2010
21 March 2010 / THE ANATOLIA NEWS AGENCY, ANKARA
Turkish Deputy Premier Ali Babacan has put growth projection for Turkey in 2010 between 3.7 percent and 5.5 percent, higher than an earlier expectation of 3.5 percent.
Appearing on a televised interview on Sunday, Babacan said Turkey had come out of recession as of the fourth quarter of 2009, adding that the first three months of 2010 had seen "promising developments."
Babacan said the government's economy polices would lead Turkey out of the recession faster than other countries, adding the country would shrink less than an expected 6 percent.
He said budget deficit had taken a downward trend as many other countries tried to tackle relatively high budget deficits.
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