Turkey aims to double current growth by 2023: Erdoğan
ISTANBUL – Anadolu Agency
Turkey is aiming for a $1 trillion foreign trade volume and a $2 trillion gross domestic product, President Recep Tayyip Erdoğan said on April 21.
“We need to double Turkey's current growth in order to reach our goals for 2023,” Erdoğan told the Foreign Economic Relations Board's (DEİK) general assembly in Istanbul.
Stating that the questions being raised about Turkey's economy at home and abroad can only be dispelled through developing new approaches to technology and capital, he added: “High technological investments are the main ones among these.”
Official data showed on March 29 that the Turkish economy surged 7.4 percent last year, marking its fastest expansion in four years with robust growth in industry, services and construction.
It was the biggest increase in the gross domestic product (GDP) since 2013.
The GDP figure in the fourth quarter of 2017 was $158,600 million.
