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WB lowers Turkey’s GDP growth forecast

WB lowers Turkey’s GDP growth forecast

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Date: 7 January 2016 20:32

Baku, Azerbaijan, Jan. 7

By Aygun Badalova – Trend:

The World Bank (WB) lowered Turkey’s GDP growth forecast by 0.4 percent in 2016 and 0.2 percent - in 2017.

According to the WB forecasts, published in the annual report "Global Economic Prospects", Turkey's GDP growth will be 3.5 percent in 2016 and 2017, while it will decrease to 3.4 percent in 2018.

According to the bank’s estimates, the country’s GDP growth amounted to 4.2 percent in 2015.

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