Head of Turkish Economy says it is important Turkey is growing via industrialization

Deputy Prime Minister SİMSEK has stated that Turkey is growing via industrialization and expressed that it is very important. He said “The only negative side in growth data is the decline in contribution of external demand.” The Minister added “Growth performance has revealed the righteousness of our discourses”.

Turkey’s economy grew by 11.1 percent in the third quarter of 2017. Deputy Prime Minister Simsek who evaluated the growth figure said “A strong growth of 7.4 percent in the first 9 months is in question and this is continuing in the fourth quarter as well. A growth figure of 5.5 percent well above the target growth on the whole of the year is likely and figures indicate a 6.5 percent growth. This is high and both inclusive and job-creating at the same time. The contribution of agriculture to growth is limited, so Turkey is growing by industrialization, which is very important.”