Turkish economy 'grew more than 3-fold in last decade'

The PM's Chief Advisor Yigit Bulut says economy of Turkey is better than that of many European countries.

Turkish economy 'grew more than 3-fold in last decade'

World Bulletin / News Desk

Turkey's economy is in a much better condition compared to many European countries' economies and grew 3.5 times over the last decade, Yigit Bulut, Chief Advisor to Turkish Prime Minister has announced.

In a speech at Turkey's western Edirne province on Tuesday, Bulut compared Turkey's economic power to Europe, saying: "We have way better economic credentials compared to all European countries but Germany."

"Italy's public debt and GDP ratio is 114 percent, while Spain's is 120 percent, France is at 110 percent and Turkey 33 percent."

"If Turkey continues to grow as it did in the last decade, a US$2.4 trillion Turkey will come out," he added.

Last Mod: 26 Mart 2014, 09:41
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