The Turkish economy was discussed in the publication of the UK-based magazine. It was noted that even in the face of rising inflation, Turkey continued to grow.
The coronavirus epidemic and the subsequent war between Russia and Ukraine led to the disruption of global supply chains.
In many countries, besides the disruptions due to power cuts originating from Russia, the cost of living is also striking.
“The economy is growing even in the midst of rising inflation”
In Turkey, where the wheels keep turning, economic growth continues despite inflation.
London-based Economist magazine, its view on the Turkish economy, “Something is wrong with the Turkish economy: Even in the midst of rising inflation, the economy is growing.” he scrutinized.
“Companies are used to dealing with challenges”
An expert who participated in the publication of the magazine, “Despite such high inflation, the Turkish economy continues to grow strongly.” said.
“How can the Turkish economy grow in the face of this inflation?” In response to the question, “Companies in particular are used to dealing with these kinds of financial difficulties. So they can adapt quickly.” expressions were used.
Erdogan: While the world is getting smaller, we are growing by producing
President Recep Tayyip Erdogan, in a statement at the beginning of August, “We have brought our exports to the limit of 250 billion dollars. While the world is shrinking, we continue to grow by producing.” he said.
Stating that they carefully applied the strategy of positive separation from the crisis by not compromising the Turkish Economy Model based on investment, employment, production, exports and current account surplus, Erdoğan said, “We are successfully continuing this program, which is outside the classical impositions.” had emphasized.
