Arab Today, arab today turkey to see drop in inflation in 2015
Last Updated : GMT 23:12:04
Arab Today, arab today
Arab Today, arab today

Turkey to see drop in inflation in 2015

Arab Today, arab today

Arab Today, arab today Turkey to see drop in inflation in 2015

Turkish Deputy Prime Minister Ali Babacan
Davos - Anadolu

Turkish Deputy Prime Minister Ali Babacan said Turkey would reduce its inflation rate to 5-6 percent due to the decline in oil prices in 2015.
"If the oil prices keep declining through this year, to see 5 percent inflation rate will not be a dream for us," Ali Babacan said Friday, speaking to The Anadolu Agency in the Swiss city of Davos where the annual World Economic Forum is currently held.
Babacan also said the oil price slump would also help Turkey reduce its current account deficit.
"The account deficit is also healing. We closed 2013 at 7.9 percent (in proportion to GDP), we will be closing 2014 at 5.6 percent. 2015 will be a better year than (2014) economically," he said.
Turkey's current account deficit has shrunk by 32 percent to reach $38.7 billion between January-November 2014, from $56.7 billion in the same period of the previous year.
While Turkey's inflation rate was 8.17 percent in December 2014, its growth rate is projected to be around 3 percent for 2014.

 

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today turkey to see drop in inflation in 2015 Arab Today, arab today turkey to see drop in inflation in 2015

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today turkey to see drop in inflation in 2015 Arab Today, arab today turkey to see drop in inflation in 2015

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
View News in Arabic - Business: اقتصاد دولي
Arab Today, arab today
Arab Today, arab today

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse

GMT 16:25 2017 Sunday ,04 June

“Suhoor” is basic meal for fasting

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 11:09 2017 Sunday ,25 June

HUAWEI P10 the ‘guru’ of portrait shots
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday