CBT Governor says Turkey’s financial structure more resilient
Turkish Central Bank Governor Erdem Başçı said with the reforms applied, Turkey’s financial structure has become more resilient to external shocks.
Başçı added that global economic crisis and the European debt crisis have had less impact on Turkey, thanks to steps taken to enhance the financial stability of the country.
Attending the International Economy Conference held in Turkish coastal city Izmir in the west, Mr. Başçı underlined that Turkey’ wealth has been increased as the result of economic polices of price and financial stability as well as structural reforms boosting productivity.
At the conference, which is also being joined by Nobel Laureate economist Joseph Stiglitz and 12 other prominent figures from the finance world, Turkish Finance Minister Mehmet Şimşek will deliver a speech.
02.11.2012
SOURCE: TRTWORLD
