IMF official says Turkey has a sound economy
IMF's Turkey director Mark Lewis has said that Turkey's economy was sound, and upcoming general elections were not a risk for Turkish economy, Anadoly News Agency.
Private sector has an important role in sound Turkish economy, added Lewis, who met with Turkish Confederation of Businessmen and Industrialists (TUSKON) Chairman Rizanur Meral in Istanbul on Friday.
Noting that Turkey was currently in a good situation in struggle against the difficulties of global economy, Lewis said that Turkey responded successfully to global economic crisis.
Reforms and right policies which have been implemented in Turkey are the reasons of Turkey's success, he added.
Lewis said that it was really impressing that Turkey overcame the crisis that fast.
When asked about possible impact of incidents in Egypt and Tunisia on Turkey, Lewis said that Turkey was in a different position, adding that the incidents might even draw more investors in Turkey in the next period. Investors, who cannot go to alternative markets, can prefer Turkey, he said.
Commenting on current account deficit in Turkey, Lewis said that current account deficit was not a threat in short term, however, Turkey should develop measures to eliminate this deficit in time.
Noting that the biggest risk for Turkey would come from foreign countries not from inside the country in the next period, Lewis said that upcoming general elections was not a risk for Turkey.