Inflation and trade deficit threatening Turkey: towards crisis?

Inflation and trade deficit threatening Turkey: towards crisis?

World July 28, 2018 04:33

ankara - The Turkish economy is on the brink of a turbulent period. The growth figures are unprecedented, but in the meantime the country is also faced with sky-high inflation, a faltering currency and a considerable trade deficit. Nevertheless, President Erdogan continues relentlessly with his policy of mega-investment and keeping growth figures high. With this he risks a huge debt crisis.

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