THE GROWTH RATE WAS %3.1 IN THE SECOND QUARTER

In spite of the economic stagnation, Turkey's economy has been going on growing without stopping for 27 quarters. According to Turkish Statistical Institute (TUIK) data, our economic growth was %3.1 in the 2nd quarter of 2016. By this growth rate, the growth rate of Turkey is more than lots of European Union and G-20 countries.

New Incentives Will Support the Growth

The most significant effect in the growth rate is coming from domestic demand with 5 points. It is obvious that the increase in exports, investments and savings are essential for continuous growth. The new reforms initiated by government will help increase the growth numbers. At the same time, I believe that we will increase our economy's growth rate more by the help of existing and new supports about R&D, designing, branding and innovation.

 

Regards,
 

Süleyman KOCASERT

Deputy Chairman of Turkish Exporters Assembly

President of Denizli Exporters Association

s.kocasert@denib.gov.tr