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Turkey: OECD says Turkey is one of the strongest in OECD in 2010

Posted on 14 February 2011

Date: 16/09/2010
Turkey: OECD says Turkey is one of the strongest in OECD in 2010

When most other members of the Organization for Economic Co-operation and Development (OECD) financial difficulties, OECD has praised Turkey’s for its economic stability and growth performance.

In a joint press conference held in Ankara with Turkish Minister of State Ali Babacan, Angel Gurria, the Secretary General of OECD, announced Turkey’s successful crisis management and the fiscal reforms put in place after 2002 has made a great contribution to Turkey’s success in dealing with the crisis turning Turkey into one the strongest members member of the OECD in 2010.

Gurria said “The cross-analysis of countries and regions predicts Turkey’s economy will remain strong, along with Germany, while the economies of the USA, Canada and Japan are expected to shrink”,

Gurria also praised Turkey’s credit rating upgrades during the global economic crisis and said “Turkey’s rating will soon be upgraded to ‘investment grade’.

16 September 2010 – Invest in Turkey

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