Following China and South Korea, Turkey is set to be the 3rd least-affected country by the novel coronavirus as indicated by the “Economic Outlook, Interim Report” for September 2020 released by the Organization for Economic Co-operation and Development (OECD).
OECD has revised upwardly its contraction forecast for Turkey’s economy in 2020 up to -2.9 percent from -4.8 percent. OECD has further forecasted a 3.9 percent GDP growth rate in 2021 for the Turkish economy.
Minister of Treasury and Finance Berat Albayrak released a statement, in which he said, “Hopefully, this forecast will even be revised better thanks to our strong economy. We owe a profound debt of gratitude to all our health care workers and our laborers who would not give up on production.”
Source: invest.gov.tr
