Erdogan defends Turkey affected least from global crisis

The Turkish prime minister said that Turkey would be affected from the economic crisis the least.

Erdogan defends Turkey affected least from global crisis

The Turkish prime minister said on Thursday that Turkey would be affected from the economic crisis the least.

Turkey's Prime Minister Recep Tayyip Erdogan said that he had not said that Turkey would not be affected from the global economic crisis.

"We have said that Turkey would be affected at the least level thanks to its strong structure and the measures it had taken," Erdogan told reporters when making public the new incentives and employment package.

Erdogan said that there were not so many market fluctuations thanks to intensive efforts, and expectations were more positive.

"The stagnation in production and employment has slowed down," he said.

Erdogan said that the world had started to overcome the global economic crisis, and so had Turkey.

The prime minister said that his government had taken measures and implemented reforms for six and a half years, which had helped Turkey stand firm on its feet despite national and international uncertainties.

Also, Erdogan said that the government had taken several measures after the global economic crisis erupted, and enumerated some of them as the Value Added Tax (VAT) and luxurious consumption tax rates cut, limit on employment loss and helping unemployed citizens make use of opportunities of the labor agency, and providing small and medium scale enterprises with low-interest loans.

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Güncelleme Tarihi: 04 Haziran 2009, 13:58
YORUM EKLE