Turkish finance minister says economy liberal, growth sustainable

Turkish finance minister says economy liberal, growth sustainable

by Joseph Anthony
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Turkey’s Finance Minister Nureddin Nebati said on Saturday that the Turkish economy is liberal and will continue to grow in a sustainable way after the government introduced steps to support it.

Speaking to businesses in the southern city of Gaziantep, Nebati also said fight against rising inflation, which hit a 24-year-high of 73.5 per cent last month, remained top priority.
The government launched a series of steps meant to harness its banks and bond markets to cool soaring inflation and stabilise a sliding currency, doubling down on President Tayyip Erdogan’s aversion to raising interest rates.

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