Turkey`s economy to shrink almost by 4%

16:56 - 9.06.2020


June 9, Fineko/abc.az. The world Bank predicted that this year the economy of some countries will shrink against the background of the coronavirus pandemic (COVID-19).

ABC.AZ reports that the WB forecasts a 3.8% decline in Turkey's economy.

June’s issue of the WB report says that in 2021 the Turkish economy will grow by 5%.

According to the Bank's forecast, the decline in the economy due to the adoption of restrictive measures is associated with a reduction in exports.

 

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