Home Public Procurement Turkey slashes growth forecasts, but not enough for wary investors

Turkey slashes growth forecasts, but not enough for wary investors

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Procurement Nation
Procurement Nation

ANKARA (Reuters) – Turkey sharply cut its growth forecasts for this year and next on Thursday, a reduction that failed to mollify investors who wanted a more sober assessment of the fragile economy and a sweeping plan to help banks.

The lira currency has plunged by 40 percent this year on concerns about President Tayyip Erdogan

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