Turkey’s Albayrak: GDP growth seen at 0.3% in 2020

Turkish economy is likely to expand 0.3% in 2020, said the Finance Minister Berat Albayrak said on Tuesday.

In the worst-case scenario, Turkey's economy could contract 1.5% in 2020, he said.           

Additional quotes

Turkish GDP growth seen at 5.8% in 2021, 5% in 2023.

“Turkish unemployment rate seen at 13.8% in 2020, 12.9% in 2021.”

“Turkish inflation rate seen at 10.5% in 2020.”

“Turkish inflation rate seen at 8% in 2021, 4.9% in 2023.”

“Turkish current account deficit-to-GDP seen at -3.5% in 2020.”

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