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Turkey to break records in investments in 2017: Erdoğan

A strong economy means a strong country, Turkish President Erdoğan says

Ersin Çelik
16:50 - 27/11/2017 Monday
Update: 17:17 - 27/11/2017 Monday
Yeni Şafak
Turkish President Recep Tayyip Erdoğan
Turkish President Recep Tayyip Erdoğan

President Recep Tayyip Erdoğan said that he believes Turkey will break the all-time high records in investments by the end of 2017, and that no one will be surprised if the country’s economic growth reaches 7 percent this year.

Addressing Ankara’s Chamber of Commerce (ATO) at an award ceremony held in the capital on Monday, Erdoğan noted that Turkey’s economy has increased by 5.7 percent between the years of 2003 and 2016 and stated that it ranks top among the developing countries.

“A strong economy means a strong country,” he added.

Erdoğan pointed out that Turkey globally ranks 13th in terms of national income per capita, which is now $11,000. Adding that Turkey’s objective is to rank among the 10 biggest economies, the president said that it will be enough to double the country’s current financial situation to achieve this goal.

Employment

Regarding employment in Turkey, Erdoğan stated that the government aims to develop policies to create more jobs.

“We aim to create additional jobs for 1 million people. We are also increasing the quality of employment by increasing the number of R&D and design centers,” he said. Erdoğan also highlighted the role of women and young people in labor.

Export

Erdoğan addressed Turkey’s export, which is “moving toward a record.” The country’s annual export has reached $154.2 billion, increasing by $15 billion as of October, compared to the same period in 2016, the Turkish president announced.

#Turkey
#economy
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