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Turkey may grow 5 percent or more in 2010, WB director
Speaking to the Anatolia news agency, Zachau said that, in an earlier prediction, the World Bank had said that the Turkish economy would grow 3-4 percent in 2010.
All preliminary indicators show that economic recovery in Turkey has continued in the first quarter of 2010, Zachau said.
In the rest of 2010, Turkey's economy would be shaped by economic policies implemented and global conditions, Zachau said.
Turkey's large population is a cause of high employment even at a time of great economic growth, Zachau underlined.
Turkey's medium range and financial plans are strong. Turkey has been successful in implementing the medium range plan. Turkey is on its way to reach targets as indicated in its medium term plan, Zachau said.
In reference to the Turkish Central Bank's 8.24 percent inflation target for 2010, Zachau said that it was a "realizable target".
Turkey's inflation figure in March, 2010 was 9.6 percent.
The Turkish Central Bank expects end of 2010 inflation figure to be 8.24 percent.
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