OECD 2012 report for Turkey
OECD releases 2012 Turkey reports
The Organization for Economic and Cooperation and Development (OECD) praised the structural and macroeconomic policies of Turkey in its 2012 Turkey report.
The report says that Turkey’s economy rebounded vigorously following the global crisis, adding, “The growth averaged close to 9 percent in 2010-11, with strong job creation. At the same time, the current account deficit widened to around 10 percent of GDP and consumer price inflation rose to over 10 percent.”
The report also predicted Turkey’s inflation for 2012 as 9.2 percent, and for 2013 as 7.2 percent.
According to the report, unemployment rate for 2012 would be 9.5 percent, and 9.1 percent for 2013, while current account deficit ratio to gross domestic product was predicted as 8.9 percent for 2012, and 8.4 percent for 2013.
14.07.2012
SOURCE: DUNYA.COM
