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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.

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Policy-Pulse_New-Economic-Program

English - September 21, 2018

Authors

Adem Ileri
Adem Ileri Principal economist for Türkiye
BBVA Research
More information
SK
Serkan Kocabas
Seda Guler Mert
Seda Guler Mert Chief economist for Türkiye
BBVA Research
More information
Alvaro Ortiz
Alvaro Ortiz Head of Economic Analysis with Big Data & AI
BBVA Research
More information

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