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FinancialNews


  • 30-07-19

    Turkey likely to post downward interest rate trend

    (MENAFN) Finance and Treasury Minister of Turkey Berat Albayrak is expecting the country to experience a lower trend in interest rates very soon.

    Turkey, the minister pointed out during a meeting held in Ankara, has been enjoying a solid policy success in the last year.

    Calling back on a decision for inflation to hit below 15.9 percent by this year's end, the minister assured that "we will close the year with inflation below New Economic Program targets."

    Albayrak further added that the Turkish economy is expected to witness a better period of time during the second half of this year with solid performance.

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