Turkey's economy grows due to private sector, top official says
The Turkish economy has been growing due to the expansion and development of the private sector, Deputy Prime Minister Ali Babacan said, The Lira newspaper reported on Friday.
"The Turkish economy is growing due to the private sector, so we have to remove all obstacles and create conditions for its development," Babacan said.
According to the Deputy Prime Minister, Turkey has fully repaid the national debt. By 2023, the country aims to increase the volume of national income from the current $10,500 to $25,000.
Earlier, the report of the Institute of Statistics of Turkey said the country's economy grew by 2.2 per cent in 2012.
According to Turkey's Finance Ministry, the country's economic growth was at 2.4-2.6 per cent in 2012.
GDP per capita in Turkey amounted to 18,900 lira last year.
The official exchange rate on April 12 is 1.7849 TRY / USD.
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