Senior OECD official forecasts fast economic growth in Turkey in 2010
 
 
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26 May 2013 Sunday
 
 
 
 
 
 

Senior OECD official forecasts fast economic growth in Turkey in 2010

13 September 2009 /THE ANATOLIA NEWS AGENCY
Turkey can resume a fast track of economic growth as of 2010, estimated a senior official from the Organization for Economic Cooperation and Development (OECD).

"Turkey has achieved fast economic growth until up to the last couple of years yet the global economic crisis affected the country as well. However, as recent figures have signalled a revival, I believe that Turkey will resume a fast track of economic growth next year if it keeps up with structural reforms," Aart De Geus, OECD's deputy secretary-general, told a symposium on global economy in Germany's Plon town.

De Geus underlined the importance of Turkey's resilient banking sector, which he said gave the country a considerable advantage as the global recession hit banking sectors in developed countries.

The OECD official said measures which Turkey had taken in the banking sector constituted a model in G20 as well.

 
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