The Organisation for Economic Co-operation and Development (OECD) has revised downwards it forecast for Turkey's real GDP growth in 2019 from 5 percent to 0.5 percent amid the recent pressures on the Turkish lira, the organization's interim economic outlook,
BRUSSELS (Pakistan Point News / Sputnik - 20th September, 2018) The Organisation for Economic Co-operation and Development (OECD) has revised downwards it forecast for Turkey's real GDP growth in 2019 from 5 percent to 0.5 percent amid the recent pressures on the Turkish lira, the organization's interim economic outlook, released on Thursday, said.
Turkey's growth prospects in 2018 have also weakened - from 5.1 to 3.2 percent, according to the document.