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WB lowers Turkey’s GDP growth forecast

Business Materials 7 January 2016 20:28 (UTC +04:00)
The World Bank (WB) lowered Turkey’s GDP growth forecast by 0.4 percent in 2016 and 0.2 percent - in 2017.
WB lowers Turkey’s GDP growth forecast

Baku, Azerbaijan, Jan. 7

By Aygun Badalova - Trend:

The World Bank (WB) lowered Turkey's GDP growth forecast by 0.4 percent in 2016 and 0.2 percent - in 2017.

According to the WB forecasts, published in the annual report "Global Economic Prospects", Turkey's GDP growth will be 3.5 percent in 2016 and 2017, while it will decrease to 3.4 percent in 2018.

According to the bank's estimates, the country's GDP growth amounted to 4.2 percent in 2015.

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