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• Turkiye sets economic growth target as 4 percent in 2009

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  Dr. Nilgün Birgören    Premium Member   Group moderator

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  Turkiye sets economic growth target as 4 percent in 2009

  Turkish government set its economic growth target as 4 percent and forecast inflation rate as 7.5 percent for 2009.
  Turkiye's economic program for the year 2009 was published in the Official Gazette on Friday, 31 October. The government estimated that Turkiye's gross domestic product would reach 1.111 trillion TL, or 788.4 billion USD. The budget has been prepared in TL since TL will replace the YTL as of the beginning of 2009.
  
  According to the program, Turkiye's exports will reach 149 billion USD and imports will stand at 232.5 billion USD, a 83.5 billion USD of foreign trade deficit. It also forecasts a current account deficit of 50.4 billion USD for the next year.
  
  Government's program predicted Turkiye's population as 72.2 million and national income per capita as 14,761 USD in 2009. National income per capita is expected to stand at 13,998 USD at the end of 2008.
  
  • 01 Nov 2008, 3:31 pm
  Dr. Nilgün Birgören wrote: > Turkish government set its economic growth target as 4 percent and > forecast inflation rate as 7.5 percent for 2009. > Turkiye's economic program for the year 2009 was published in the > Official Gazette on Friday, 31 October. The government estimated that > Turkiye's gross domestic product would reach 1.111 trillion TL, or > 788.4 billion USD. The budget has been prepared in TL since TL will > replace the YTL as of the beginning of 2009. > > According to the program, Turkiye's exports will reach 149 billion > USD and imports will stand at 232.5 billion USD, a 83.5 billion USD > of foreign trade deficit. It also forecasts a current account deficit > of 50.4 billion USD for the next year. > > Government's program predicted Turkiye's population as 72.2 million > and national income per capita as 14,761 USD in 2009. National income > per capita is expected to stand at 13,998 USD at the end of 2008.