ANKARA: Turkey’s economic growth is expected to reach close to 6 per cent in the second quarter of 2017, and exceed 5 per cent by the end of the year, Turkish Industry Minister Faruk Ozlu told Reuters.
“We expect growth of over 5 per cent this year. There could also be strong growth in the second quarter, first indications lead us to this prediction. I expect close to 6 per cent growth in the second quarter,” Ozlu said in an interview late on Thursday.
Ozlu also said current interest rates were too high for the industrial sector to grow, adding that he expected a fall in the unemployment rate in July. (Reuters)