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  • 07-11-20

    Turkish economy to expand strongly in 2020's third quarter

    (MENAFN) Turkey's industry and technology minister announced Friday in a statement that the country will witness a great economic expansion in the period between July and September this year, hoping the development will continue during the last quarter.

    During the opening ceremony of a factory in the northwestern Tekirdag province, Mustafa Varank said that Turkey came in a recovery period following April's catastrophe when the country registered its first positive coronavirus infection.

    According to the minister, Mustafa Varank, an increase in new orders, capacity usage, investments and exports in the manufacturing industry was also noticed in the past quarter.

    He further expressed, "I hope the closures in the EU will not affect us negatively. Of course, this is not in our control," referring to COVID-19-related constraints in the EU.

    MENAFN07112020000045011136ID1101087765

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