EBRD lifts its 2011 GDP growth forecast for Turkey to 6%.

By bne IntelliNews May 23, 2011
European Bank for Reconstruction and Developments (EBRD) revised its 2011 GDP growth forecast for Turkey to 6% from 5% in January. EBRD expects CPI inflation to be 6.8% in 2011 while its general government fiscal balance forecast is a deficit of 1.7% of GDP. CA deficit forecast of EBRD is 8% of GDP this year.

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