Published on Friday, September 21, 2018 | Updated on Friday, September 21, 2018
Turkey | A more realistic New Economic Program
Summary
Turkey’s New Economic Program (NEP) hinders a re-balancing of the economy with fiscal consolidation in the short term in a more realistic framework.The NEP is more consistent with expectations. The prudent stance of the fiscal policy is now more adequate and should complement the already tight monetary policy conditions to re-balance the economy.
Geographies
- Geography Tags
- Türkiye
Topics
- Topic Tags
- Macroeconomic Analysis
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Authors
AI
Adem Ileri
BBVA Research - Principal Economist
SK
Serkan Kocabas
SG
Seda Guler Mert
BBVA Research - Chief Economist
AO
Alvaro Ortiz
BBVA Research - Head of Analysis with Big Data
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