30 Nov 2021
Turkish President Erdogan: Will boost employment and growth with lower interest rates
Turkish President Recep Erdogan, speaking on State TV in Turkey, said that he will boost investment, employment, growth and production by lowering interest rates on Tuesday. Interest rates are the cause and inflation is the result, he continued, adding that he thinks economic growth in 2021 will be about 10%. Hopefull we will soon see inflation falling too, he added.