Video commentary: Five predictions for Turkish economy in 2024

Five predictions for Turkish economy in 2024

  • Monetary policy to stay tight throughout 2024, top policy rate at least 50%.
  • GDP growth to halve to 2% max!
  • Inflation to decelerate to 40% by year-end.
  • Current account deficits to drop from $46 to $30 bn.
  • Dollar-based house prices to crash by 10-20%
  • Massive rally in financial markets.

Did you  like this content?  Here is a similar one:

 

Published By: Atilla Yeşilada

GlobalSource Partners’ Turkey Country Analyst Atilla Yesilada is the country’s leading political analyst and commentator. He is known throughout the finance and political science world for his thorough and outspoken coverage of Turkey’s political and financial developments. In addition to his extensive writing schedule, he is often called upon to provide his political expertise on major radio and television channels. Based in Istanbul, Atilla is co-founder of the information platform Istanbul Analytics and is one of GlobalSource’s local partners in Turkey. In addition to his consulting work and speaking engagements throughout the US, Europe and the Middle East, he writes regular columns for Turkey’s leading financial websites VATAN and www.paraanaliz.com and has contributed to the financial daily Referans and the liberal daily Radikal.