Turkey’s experience of overcoming crisis can become example for many countries - Erdogan

Turkey’s experience of overcoming crisis can become example for many countries - Erdogan

Turkey's experience of overcoming the global financial crisis can become an example for many countries, Turkish Prime Minister Recep Tayyip Erdogan said at the Fifth Astana Economic Forum on Wednesday

, Trend reports.

 

"Turkey's experience and its medium term programmes played an important role in overcoming the consequences of the global crises," he said. "Of course, each country has its own conditions under which they are struggling with the crisis and determine their strategy for economic growth.

 

"However, our monetary, financial and social policy of encouraging incentives we can be an example for many countries. We can work together, promote and support each other in overcoming the global crisis."

 

He also stressed that the measures taken by the G-20 countries laid down barriers to the further expansion of the economic crisis.

 

"I think we need to continue cooperating and find global solutions to global problems," he said. "G20 countries in this issue must take an active role."

 

He said that the countries seriously affected by the crisis should accelerate the process of reforming their financial and economic systems.

 

The Turkish economy has passed through major reforms for the past 10 years. As a result of stable policy, the impact of the crisis on the economy was very low.

 

"There was significant progress in our bank and tax system, despite the global economic crisis," he said. "Turkey has created 3.5 million new jobs for the last two years when the greatest impact of the crisis on the world economy was felt."

 

 

 

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