Turkey's Albayrak says not worried about budget deficit target

By Kitco News / November 05, 2018 / www.kitco.com / Article Link

ANKARA, Nov 5 (Reuters) - Turkey has no worries aboutreaching its year-end budget deficit target of 1.9 percent ofgross domestic product, Finance Minister Berat Albayrak said onMonday.


Speaking in a broadcast interview on A Haber, Albayrak saidborrowing costs, which at one point hit around 40 percent forcommercial and consumer loans, will fall further with thenormalisation of the economy.


(Reporting by Ece Toksabay and Tuvan Gumrukcu;Writing by Ezgi Erkoyun; Editing by Robin Pomeroy)

Messaging: ezgi.erkoyun.thomsonreuters.com@reuters.net;)) Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.
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