Anti-terror, security expenses boost Turkey’s economic growth
Turkey’s growth will continue with massive funds for reconstruction of destroyed towns.
The Turkish Statistical Institute (TUIK) has disclosed a 4.8% growth of the Turkish economy in the first three months of 2016, making Turkey the fastest growing economy of Europe.
Turkey was followed by 4.2% growth in Romania and Sweden. Turkey’s 4.8% growth, which is contrary to pessimistic forecasts, pleased the government but also enflamed the debate about its sources. Prime Minister Binali Yildirim and Deputy Prime Minister Mehmet Simsek have been gleefully saying that those who were warning of an economic crisis were proven wrong.
