Erdogan says Turkey will grow more in 2011

Erdogan also expressed his belief that the AK Party would continue to rule the country after the general elections in June 2011.

Friday, 10 December 2010

Turkey's prime minister said on Friday that the year 2011 would be a year in which there would be more economic progress.

Premier Recep Tayyip Erdogan said Turkey had caught up with the economic figures of 2008 despite the global financial crisis.

"The national income per capita has risen to 10,000 USD, and 2011 will be a year in which all these developments will continue to increase," Erdogan told provincial chairmen of his Justice & Development (AK) Party in Ankara.

Erdogan also expressed his belief that the AK Party would continue to rule the country after the general elections in June 2011.

Prime Minister Erdogan's remarks came after Turkish statistical authority, TurkStat, announced the growth rate in Q3 of 2010.

According to the statistical authority, Turkey grew 5.5 percent year-on-year in Q3 of 2010, and the Gross Domestic Product was calculated as 298.89 billion TL ($197.113 billion) in current prices, marking a 13.6% year-on-year rise.

Turkish economy grew at 8.9 percent year-on-year in the three quarters (Q1+Q2+Q3) of 2010, as the GDP in the mean term reached 808.192 billion TL ($531.979 billion).

Source: World Bulletin.
Link: http://www.worldbulletin.net/news_detail.php?id=67229.