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FinancialNews
05-08-18
Turkey's annual inflation surges to 15.85
(MENAFN) Turkey's President Recep Tayyip Erdogan affirmed that Ankara is guaranteed to be able to conquer all economic challenges amid concerns rising over the economy.
The statement has come while Turkey was unveiled in official data to have recorded an increase in its annual inflation to reach 15.85 in July.
The Turkish president has presented the first 100-day action plan of the first-ever Cabinet to be formed in the country under the new presidential system.
During a meeting set in Ankara, Erdogan announced: "today, we share our first 100-day action plan with you."
He confirmed that the key plan consists of 400 projects at a value of USD9 billion, giving a guarantee for the new system to be strengthened.
MENAFN0508201800450000ID1097249264
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