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' The IMF will have to revise its growth figures once again '

Customs and Trade Minister Tufenkci, ' 2018 we have announced our medium-term growth plans, you will see that in 2018 we will capture these rates with the consent of Allah and the IMF will have to revise its growth figures once more, ' he said.

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' The IMF will have to revise its growth figures once again '

"We have announced our 2018 medium-term growth plans, you will see that we will capture se rates with consent of Allah in 2018, and IMF will have to revise its growth figures once more," said Customs and Trade Minister Bulent Tufenkci.

Tüfenkci said that Turkey has gone through a difficult period in program organized in a hotel (Miad) at Malatym Businessmen's association.

"This was a direct coup attempt against nation," country said on July 15th that fetus was faced with a coup attempt. We are in situation with commonsense, resistance, solidarity of nation, civilian struggle, "he said.

Turkey's economy, President Recep Tayyip Erdogan, prepared under leadership of incentives and received measures in a short time to recover Tüfenkci, said country continues to road. Tüfenkci, continued as follows:

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"When you consider such an attack and subsequent terror events, no country would be difficult to recover in 6 months, not six years. But we continued our growth rates in 2016 with a strong growth output in 2017. In end, in 2017, we will capture over 5.5 growth rates. The IMF has revised its growth rates. 2018 we have announced our medium-term growth plans, you will see that in 2018 we will capture se rates with consent of Allah and IMF will have to revise its growth figures once more. "

On one hand, stressing that y are trying to raise economy while fighting terrorism, Tüfenkci stated that government has always been among employees.

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"I hope we will bring Turkey to rightful place with stronger performances," said Tüfenkci, who trusts Turkey and makes production of this land and geography. Because we aim to pave way for those who want to invest, "he said.

The uptrend in exports

At point of finding new markets, TÜFENKCI supported entrepreneurs with incentives. Explaining that y adopt an export-based growth model, TUFENKCI said:

  • "Significant contribution to exports in growth rates. When we look at export figures of September, we can observe that trend of ascension continues and increase by 8.67 per cent compared to previous month, but unfortunately we have same high rate of imports. This is to import semi-finished products and turn it into a mamule It's because he's exporting again. When we look at industrial indices, we see that both August and September are upwards. It is also important that confidence and stability in Turkish economy continue to show that reel sector's wheels are turning. "

Change in foreign trade structure

Underlining that y have given great importance to exports of value-added products, Tufenkci reminded m that y are aiming to create brands at a global level.

Tüfenkci pointed out that Turkey has grown its foreign trade structure towards medium and above products from low to technological levels in last 15 years, he said:

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"The share of low-tech products at 56 percent at beginning of 2000s decreased over time, and this year declined to 32 percent. In particular, we strengn trust environment in sectors. The positive developments in real sector show how accurate our actions are. As our industrial production increased by 5.2 per cent in August, our industry turnover increased by 3.4 per month in July and 36 per cent on an annual basis. "

Noting that Turkey has reached 2 million new employment, Tufenkci stressed that nearly 1 million young men participated in workforce. Tüfenkci said y will continue to support entrepreneurs with incentives to create new business areas.

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"They are planning to compress Turkey"

Tüfenkci, stating that Turkey should be strong in region, noted following:

"We now see that some powers have been activated by leaving subcontractors. By forming a terror corridor right next to our borders, y are planning to compress Turkey as always. We don't stand for se games. We make every effort to disrupt those games. With operations we have made to terror nests in neighbouring countries and performance that we have put in place, we are putting our efforts on point of continuing stability and peace of Turkey. "

After his speech to Tüfenkci, plaque was presented by Miad Management.

Economy IMF boosts Turkey's growth forecast

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