Thursday, 1 October 2009Turkey's economy is expected to grow 3.7 percent in 2010 after a global economic recession forced the country to shrink 6.5 percent this year, the International Monetary Fund (IMF) said Thursday.
The Fund said in its latest World Economic Outlook that it expected the inflation rate in the country to stand at 6.2 percent this year before increasing to 6.8 percent in 2010.
The report estimated that Turkey's current account balance would increase to 3.7 percent in 2010 from 1.9 percent this year.
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Thursday, 1 October 2009
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