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The Turkish Economy is Growing

Posted by M. Negm on 8 September 2022

The Turkish Treasury and Finance Minister Nureddin Nebati said that the Turkish economy has the second most significant growth in the second quarter of 2022 among the Organization for Economic Cooperation and Development and the G-20 countries.

In the second quarter of 2022, the Turkish economy grew by 7.6%. We displayed not only strong growth performance in the second quarter but also achieved balanced economic growth for five consecutive quarters.

The strengthening economy policy in the first half of the year was also reflected in the labour market; 900,000 people were employed during this period, and the unemployment rate decreased to 10.3 per cent.

It can be seen that Turkiye’s economic model that supports employment, production, and exports will continue to grow until the end of 2022.

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