Turkey to seek more revenue outside budget, including privatisation -Simsek

Finance Minister Mehmet Simsek said on Monday that Turkey’s government would seek further revenues outside the budget, including from privatisation, and that quantative tightening will be carried out if necessary.

In an interview with broadcaster NTV, Simsek said consistent domestic consumption and credit growth was needed to lower inflation to single digits, as is targeted in the country’s medium-term programme.