Minister says Turkish economy to grow 11 pct in first quarter
Çağlayan was speaking a press conference in Istanbul. Recalling that the medium-term economic program set Turkey’s year-end growth target at 3.5 percent, the minister continued: “But we see that we can easily grow more than 5 percent in 2010, and some of the world’s leading organizations also confirmed that Turkey will have growth close to 6 percent this year over 2009.”
Çağlayan is among the 10 ministers who will accompany Prime Minister Recep Tayyip Erdoğan to Greece on Friday. The minister said he would later visit the US, Brazil, Argentina, Chile, China and Japan. Turkey expects to diversify its export markets as part of a target to reach $500 billion in exports in 2023. The minister said the government has encouraged Turkish businesses to invest in new markets through mergers and acquisitions.