Published on Friday, September 21, 2018 | Updated on Friday, September 21, 2018

Turkey | A more realistic New Economic Program

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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