Although Turkey’s economy continues to face headwinds which warrant a cautious medium-term outlook, the new government is well positioned to implement its structural reform program. Substantial Turkish lira depreciation in 2015 helped external adjustment but stoked inflation. The political uncertainty and tightening global financing conditions caused a shortfall in financing for the current account deficit in 2015, despite robust long-term inflows.
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2016/01/19
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2016/01/20
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Türkiye düzenli ekonomi notu (Ocak 2016)
Citation
Bartsch,Ulrich; Yilmaz,Ayberk.
Turkey regular economic note (January 2016) : Türkiye düzenli ekonomi notu (Ocak 2016) (Turkish). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/513551467994685221