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FinancialNews
15-09-18
Turkey set to review, freeze new gov't investment initiatives
(MENAFN) Turkey was announced to have reached a resolution to reassess and view the investment projects initiated by the new government.
The move was explained to have come as part of a plan to maintain the balance of the Turkish budget and tackle double-digit inflation.
Turkish President Recep Tayyip Erdogan declared: "we are not considering any fresh investments right now."
The statement has been made by Erdogan while speaking to his ruling Justice and Development Party (AKP) provincial heads in Ankara.
He also stressed in another address that Turkey "will not start any projects which have barely been kicked off or which have not even been tendered yet."
MENAFN1509201800450000ID1097435247
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