Yildirim: budget deficit is expected to be 1.9% in 2017
Turkey's budget deficit-to-GDP ratio is expected to be 1.6% this year, rising to 1.9% in 2017, the Turkish Prime Minister Binali Yildirim said.
The figure is expected to be 1.6% in 2018 and 1.35% in 2019.
The Turkish inflation is seen at 7.5% at the end of this year and at 6.5% in 2017, Yildirim said, adding that the government was determined to reduce inflation to a low and sustainable level, forecasting a level of 5% in 2018 and 2019.
The government will continue with investments to boost economic growth and does not see any problems in funding these investments, the Prime Minister said.