Turkey will find ways to overcome the crisis thanks to its financial stability
Economists comment that Turkey has a sustainable economy model and despite great pressure from outside it will find ways to overcome recent fluctuations via local currency and financial stability.
Looking at most recent socio-economic developments in Turkey, it is possible to see stability of local currency is achieved and this is seen as the indicator that economy is moving in the right direction. Therefore experts say despite tough pressure incurred due to some measures taken by some countries and the USA in specific, this is a good time for progress.
In fact it is true that the precautions taken by the Central Bank and the Treasury has brought stability to Turkish Lira and provided stability regarding monetary and fiscal balances. Turkey with one of the highest growth rates in Europe has a strong economy.
On the other hand “The reforms made in Turkey have not only provided macroeconomic sustainability but they also made local and foreign investments jump to significant levels.
