World Bank: Turkey needs more FDI, more structural reforms.

By bne IntelliNews February 28, 2013
Macroeconomic situation in Turkey has become more stable after 2012 but there are still some structural problems that need to be addressed, World Bank Turkey director Martin Raiser told CNBC-e. Turkey needs more foreign direct investments and in order to attract more FDI, more structural reforms should be implemented, Raiser asserted. The World Bank urges private-public partnerships to solve especially infrastructural problems, Raiser added. Raiser does not expect any significant problems on the public finances front in 2013 and he reiterated that the World Bank anticipates a stronger growth for the Turkish economy this year, forecasting a 4% GDP expansion.

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