DEİK head predicts 5 pct growth in 2012
 
 
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19 May 2013 Sunday
 
 
 
 
 
 

DEİK head predicts 5 pct growth in 2012

31 July 2012 /MELİH GASGAR
Foreign Economic Relations Board (DEİK) Chairman Rona Yırcalı said on Tuesday that despite troubled global economic conditions, Turkey will achieve about 5 percent growth as “the results of the first quarter signal this.”

Speaking to participants at a dinner hosted at the Balıkesir branch of the All Industrialists and Businessmen's Association (TÜMSİAD), Yırcalı said Turkey has been moving steadily towards achieving its 2023 goals and its economy is doing well. He stated: “In 2011, we exported $148 billion of goods and the unemployment rate shrank to 9 percent. Regardless of the 2 percent growth predictions being made by international bodies, I predict about 5 percent growth.” He explained that Turkey has attracted $120 billion in foreign direct investment (FDI) over last the 10 years, which demonstrates confidence in the country's political stability and economic growth.

He noted that DEİK has been working on an important project with the support of the government that seeks to bring together the 7 million Turks living abroad. He said: “We need to facilitate the coming together of first, second and third generation Turks and to help them develop good relationships [so they can better contribute to the countries in which they live].”

 
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