World Bank Raises Forecasts for Turkish Economic Growth

  • Istanbul, Republic of Turkey
  • 8 June 2023
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The World Bank revised its forecast for the growth of the Turkish economy for 2023, achieving growth of 3.2 percent instead of the 2.7 percent it forecast at the beginning of the year.

According to the report, the Turkish economy will achieve a growth of 3.2 percent this year, instead of a previous forecast published last January, which indicated that it grew only 2.7 percent.

The World Bank also raised its forecast for the growth of the Turkish economy for 2024 to 4.3 percent instead of 4 percent previously and predicted growth of 4.1 percent in 2025. Turkey continues to make an important contribution to the growth of the Europe and Central Asia region.

Source (Anadolu Agency, Edited)

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