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5th İstanbul Finance Summit
  10.10.2014


İstanbul, a city which seeks to become one of the global centres of finance, hosted two-day 5th Finance Summit.



 


Politicians, bureaucrats and businessmen, among those steering the world economy, discussed growth and current account deficit at the Summit that ran through Monday and Tuesday.
Participants at the Summit agreed that structural reforms must be maintained to help Turkey ensure its stable growth.
Deputy Prime Minister Ali Babacan said structural reforms must continue in all fields to secure high-quality growth.
Finance Minister Mehmet Şimşek highlighted the improtance of moderate growth and sustainable current deficit for Turkey.
"There are downside risks for 2015. The Middle East is going through serious turbulances, which pull Turkish economy down. Growth figures for next year could be revised downwardly," Şimşek said.

  
  

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