Outlook and Assumptions: Outlook

March 2012
Turkey Country Monitor;Mar2012, p3
Country Report
The article reports on the economic outlook for Turkey for 2012. It notes that the Central Bank of the Republic of Turkey (CBRT) is starting to remedy the current-account deficit while risks to financial stability remain significant. It mentions that the efforts of CBRT to its unorthodox monetary policy approach has troubled the investment environment of the country. Moreover, it recommends that the government must be more proactive in controlling their fiscal spending.


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