IMF revises 2010 GDP forecast for Turkey up to 5.2%.

By bne IntelliNews April 22, 2010
The IMF revised its 2010 GDP growth forecast for Turkey to 5.2% in the World Economic Outlook-April report from the 3.7% in the October issue of the report. The IMF expects the local economy to expand 3.4% next year. The government's current growth forecast for 2010 is 3.5%. The Fund says the country's current account deficit will widen to 4% of GDP this year from 2.3% in 2009. The CA is expected to be 4.4% of GDP in 2011, according to the report. As for inflation, the Fund's forecast for 2010 is 9.7% and 5.7% for 2011.

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