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FinancialNews
14-08-18
Turkey confirms economic structure is solid
(MENAFN) The Turkish government was affirmed to be implementing key measures to stabilize Turkey, with its people being called not to believe rumors over its economy.
In his post on Twitter, presidential spokesman Ibrahim Kalin stressed "Turkish economy's structure is solid, nobody should trust speculative news and actions."
The presidential spokesman noted that steps are being made for financial stability to be achieved by the Treasury and Finance Ministry, the Central Bank, the Banking Regulatory and Supervision Agency, the Capital Markets Board and other institutions.
Kalin further added that "Turkey will come out stronger from this process."
The statement has been made after US President Trump hit Turkey with doubled tariffs on aluminum and steel imports from Turkey to 20 percent and 50 percent.
MENAFN1408201800450000ID1097292568
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