Home / EIY / The World Bank lowered the growth forecast.

The World Bank lowered the growth forecast.

The institution had a forecast that Turkey’s economy will grow %2.5.

The World Bank overhauled and decreased the growth forecast. The institutions new forecast estimates %2.1 growth at 2016 and %2.7 at 2017.

According to the GEP reports that World Bank announced at January 2017 the growth forecast was %3 at 2017 %3.5 at 2018 and %3.7 at 2019. This is the second bad news for the Turkish economy after FED results.

Matt Ea Easton

 

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