(MENAFN)According to the nation’s president, Turkey enjoys strong foreign currency assets and its economy is very competitive on the world stage.
Recep Tayyip Erdogan stated that “The Central Bank had USD27.5 billion in foreign exchange reserves when we took office,” in fall 2002, and it has USD95 billion.
He further declared that “During my premiership, this foreign exchange reserve increased to USD132 billion. After that, we went down to USD95 billion. What does this mean? We can go back to USD132 billion and we will even reach USD200 billion.”
He added that Turkey’s assets are poised to improve larger still, during his discussion with his ruling Justice and Development (AK) Party’s 7th Izmir Provincial Congress. He also was present at the provincial congresses of both Hakkari and Nevsehir via video link.
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