“Turkey will show a stronger performance in the 2019 budget in terms of expenses and revenue”

 

Treasury and Finance Minister Berat Albayrak spoke to public news channel TRT Haber.

"We closed 2018 with the inflation rate of 20.3 percent, which was under the target of 20.8 percent. It’s a positive process," Berat Albayrak said.

He noted that Turkey will show a stronger performance in the 2019 budget in terms of expenses and revenue.

The Turkish government brought nearly 6.5 tons of gold to the country’s economy with issuances of gold-backed bonds, he underlined.

About the Central Bank’s decision on interest rates, Albayrak said the bank takes necessary steps by observing the market.