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Will Turkey's economic growth gradually recover if it accelerates COVID-19 vaccination?
Turkey's gross national product (GDP) increased by 9. 1% in the fourth quarter of 2002/kloc-0, exceeding the average of 9% predicted by analysts. Driven by the surge in domestic consumption and import and export in Turkey, Turkey's economic development exceeded expectations in the fourth quarter of last year. According to the data of Turkish statistical agency, the annual economic growth rate of Turkey is 1 1%, which is the fastest in the last quarter of G20 and the overall improvement in 20021. Turkey's recovery from the new crown pneumonia epidemic accelerated in the first half of the year, and attributed it to the strong import and export to maintain the momentum of economic development. Turkish-American President Erdogan urged government departments to reduce borrowing costs, but this move also led to uncontrollable inflation and reduced the market prospect of the host country's economic development in 2022.

U.S. President Recep Tayyip Erdogan has indicated that Turkey will continue to push forward the process of multipolarization in daily life. Specific measures include canceling the Sunday ban in COVID-19's low-risk provinces and only implementing the ban on Sundays in high-risk and extremely high-risk provinces. T24 quoted Erdo? an's speech after the cabinet meeting, saying that Turkish provinces will be divided into four security risks: extremely low, medium, high and extremely high according to the situation of COVID-19 epidemic prevention and control. Istanbul, the most populous city in the host country, is designated as a high-risk zone, while Ankara, the capital of Beijing, is in a medium-risk zone.

The connotative rate of return Kafchiolu pays more attention to. Compared with developed countries, Turkey's economic development still has room for improvement in inflation, reserves and risk-free interest rates.

He said: "Turkey is one of the countries that has given extremely important connotative rate of return since the beginning of 20021,because the current monetary tightening policy is earlier and higher than that of China. With the progress made in the face of inflation and reserve accumulation, the risk-free interest rate that harms the borrowing cost will continue to improve. As of May, 20021year, the debt has decreased by 25.7 billion US dollars (2160 billion Turkish rupees) to 1 19.2 US dollars in a short time. "

Kafchioglu added: "This will also have a positive impact on their debt indicators. Turkey is quite different from capitalist countries in most debt types. Compared with developed countries, Turkey's public debt and household debt are relatively good. Although some countries are facing a new wave of pandemic and various combinations, Turkey is one of the countries with relatively few cases, mainly better than Britain, America and Germany. Like all central banks, we are paying close attention to the COVID-19 epidemic and its impact on the world economy. "

Erdogan said that all kindergartens, primary and secondary schools, 8 classes in middle schools and ordinary high schools 12 classes will also resume zero-distance classroom teaching, and all junior high school and high school students in inferior and medium-risk cities will return to school. In 20 19, 677,042 people immigrated to Turkey, an increase of 17.2% compared with 20 18. Among them, 45.3% people choose to live and work in Istanbul gradually, and the number of immigrants is around 25-29 years old.