Economy

Turkey's economic recovery right on track: President

Turkish President Erdogan said his country observed 0.9% growth rate in 3rd quarter of 2019

Ali Murat Alhas  | 21.12.2019 - Update : 22.12.2019
Turkey's economic recovery right on track: President

ANKARA

With a 0.9% growth rate in the 3rd quarter of 2019, our country has re-entered the growth process again, the Turkish president said on Saturday.

Recep Tayyip Erdogan's remarks came at the Istanbul Congress Center where service exporters met.

“All these developments indicate that things are going well and the economic recovery continues swiftly,” Erdogan added.

”Turkey is sticking to its goal of increasing exports to $500 billion,” Erdogan said, adding that the increase in production of goods and services is needed for bringing Turkey forward in global competition.

He also said that geography and the opportunities Turkey has give it an advantage in the design, production and export of goods and services.

He went on to say that Turkey observed an economic confidence index rise of 1.7% in November, climbing to a total of 91.3%.

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