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Turkey: Federal Reserve’s Director says “Turkey shows remarkable growth”

Posted on 14 February 2011

Date: 06/09/2010
Turkey: Federal Reserve’s Director says “Turkey shows remarkable growth”

The following the global financial credit crunch Turkey is showing remarkable growth following a period of strong recovery. Deputy Associate Director Seth Carpenter of the FEDs Division of Monetary Affairs praised Turkey’s economic performance and drew attention to the impressive growth rates Turkey has posted over the past year. Turkey’s gross domestic product (GDP) grew by 11.7 percent over the first quarter of 2010 and expanded by 6 percent in the last quarter of 2009.

6 September 2010

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