World will soon end monetary tightening — Turkish finance minister

Turkish finance minister, Mehmet Simsek emphasises more optimistic outlook Turkish economy has, as expressed by international credit rating agencies. /Photo: AA

The possibility of monetary easing from the second half of 2024 has increased, Mehmet Simsek said on Thursday during the general assembly of the Banks Association of Türkiye. The global economy is expected to grow by 40% during the coming five years, Simsek added, noting this rate is below the global potential."In 2023, we are forecasting a growth rate of around 4.5% despite all global financial problems," he said.

"As I said before, our main principles are transparency, consistency, predictability and complying with international norms," he said."We will move forward in a system that embraces the principles of freedom of enterprise, free exchange, floating exchange rate, open and rule-based economy.

Colombia Últimas Noticias, Colombia Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Finance Minister Suzuki Sticks to Script as EUR/JPY, USD/JPY Advanceapanese Finance Minister Suzuki sounded more like a record on repeat with comments around FX intervention this morning. The comments came on the back of a 3rd straight quarter of expansion.
Fuente: DailyFX - 🏆 305. / 63 Leer más »

Bespoke car finance on PistonHeadsPH in advertising partnership with renowned finance broker Charles & Dean
Fuente: PistonHeads - 🏆 553. / 51 Leer más »

In decentralized finance, two heads can be better than oneFor two twins looking to transform the way people invest, automated options trading is the perfect-use case for DeFi.
Fuente: Newsweek - 🏆 468. / 52 Leer más »