Posted by meb at November 25th, 2008

A report released by the Organization of Economic Cooperation and Development (OECD) said Tuesday that Turkey’s economic growth would drop below 2 percent in 2009.

The report said Turkey’s economy had slowed down in 2008 as domestic demand shrank due to a global financial crisis and turmoil in financial markets.

Economic growth in Turkey would rise to 4.5 percent in 2010 as the fall out from the financial crisis was expected to clear, the report added.
source: Hurriyet daily news

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