ID :
174766
Tue, 04/12/2011 - 08:29
Auther :
Shortlink :
https://oananews.org//node/174766
The shortlink copeid
IMF sees Turkey 2011 growth at 4.6 pct
WASHINGTON (A.A) - 11.04.2011 - Turkish economy will continue to see signs of a quick recovery in 2011 and is likely to grow 4.6 percent this year, the International Monetary Fund (IMF) said in a report on Monday.
In its April issue of the World Economic Outlook, the Washington-based lender predicted that Turkey's growth would slow down a bit to 4.5 percent in 2012. Turkey's GDP expanded 8.9 percent last year.
IMF forecast for global growth stands at 4.4 percent in 2011 and 4.5 percent in 2012.
IMF also predicted that consumer prices would rise 5.7 percent in 2011 and 6 percent in 2012. Turkey's annual inflation rate was 8.6 percent in 2010.
IMF report forecast that current account deficit, which reached 6.5 percent of GDP, would widen to 8 percent in 2011 and 8.2 percent in 2012.
On jobless rates, IMF projections showed that unemployment would fall to 11.4 percent this year from 11.9 percent a year earlier.
In its April issue of the World Economic Outlook, the Washington-based lender predicted that Turkey's growth would slow down a bit to 4.5 percent in 2012. Turkey's GDP expanded 8.9 percent last year.
IMF forecast for global growth stands at 4.4 percent in 2011 and 4.5 percent in 2012.
IMF also predicted that consumer prices would rise 5.7 percent in 2011 and 6 percent in 2012. Turkey's annual inflation rate was 8.6 percent in 2010.
IMF report forecast that current account deficit, which reached 6.5 percent of GDP, would widen to 8 percent in 2011 and 8.2 percent in 2012.
On jobless rates, IMF projections showed that unemployment would fall to 11.4 percent this year from 11.9 percent a year earlier.
