Business

IMF raises Turkey’s growth expectation to 9%

The International Monetary Fund (IMF), while increasing the growth forecast of the Turkish economy for 2021 from 5.8% to 9%, kept the growth expectation for 2022 at 3.3%.

While the International Monetary Fund (IMF) raised the 2021 growth forecast of the Turkish economy from 5.8% to 9%, it kept the growth expectation for 2022 constant at 3.3%.

TURKEY’S GROWTH ESTIMATE REACHED 9%

The International Monetary Fund (IMF) raised its 2021 growth forecast for the Turkish economy from 5.8% to 9%. The IMF kept Turkey’s growth expectation for 2022 constant at 3.3%. In the interim report released in July, Turkey’s year-end growth forecast was stated as 5.8%.

GROWTH ESTIMATE FOR THE EURO REGION IS 5%

The IMF predicted that the global economy will grow by 5.9% in 2021. The IMF’s previous estimate was 6%. The IMF kept its global growth forecast for 2022 at 4.9%. While the IMF stated that the Chinese economy will grow by 8% this year and 5.6% next year, it increased its 2021 growth forecast for the Euro Zone from 4.6% to 5% by increasing it by 0.4%.

Source: Sabah / Translated by Irem Yildiz

Leave a Reply

Your email address will not be published.

Back to top button