Q: What is Turkey's medium-term economic outlook?
A: The economic outlook for the coming three years has been recently announced in the Medium Term Economic Programme for 2015 to 2017. The programme’s number one priority is to bring inflation down to the target of 5% through the three-year period. The second priority is to keep the improvement in the current account balances in tact and have a sustainable current account deficit going forward. The growth is projected to be 3.3% for 2014, 4% for 2015 and 5% for both 2016 and 2017.
