Despite that forecast, Turkish Economy Minister Nihat Zeybekci is confident the country is on the right track to achieve its growth. Moreover, there is a plan on the table to reach a year-end inflation rate of 7.5%. A lot of that success will hinge on exporting goods from Turkey to other countries, though.
Declines in export have already caused a correction for the 2016 projections. It was initially assumed Turkey would see US$155.5bn in export in 2016, but that target has been cut back to US$150 billion. The first half of 2016 was not on par with expectations, although the numbers were not terrible either.
http://bitcoinist.net/further-economic-woes-turkey-bitcoin/
Topic: [2016-06-08]Further Economic Woes In Turkey Create Bitcoin Opportunities (Read 220 times)
June 08, 2016, 04:43:02 AM
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