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Turkish central: The economy is recovering and improving in the current balance

02-05-2019 | admin

Turkey's central bank governor Mourad Chetin Kaya said the improvement in the current balance during the first quarter of this year will continue in the coming days.

In a press conference on Tuesday, Chetin Kaya confirmed that the first quarter of this year has seen a partial recovery in economic activity.

He noted that the inflation forecast to be registered in the country at the end of this year ranged from 12.1 to 17.2%.

The inflation rate will decline to 14.6% this year, 8.2% next year and 5.4% in 2021, he said.