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Asharq Al-Awsat
Asharq Al-Awsat
Business
Istanbul - Asharq Al Awsat

FORGOTTEN HISTORY: Turkey projects 7 growth for q1 2022 - The Untold Story

Turkey's Treasury and Finance Minister Nureddin Nebati says annual growth will be around seven percent in the first quarter of 2022 (DPA)

The Turkish economy's solid and balanced growth trend and the pioneering data point out that annual growth will be around seven percent in the first quarter of 2022, Treasury and Finance Minister Nureddin Nebati said Monday.

Speaking at the General Assembly of the Banks Association of Turkey (TBB), Nebati said the strong structure of the banking sector has a system that is very resistant to shocks, noting the annual inflation rate rose to 70 percent last April and is expected to remain high until the end of the year.

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