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اقتصاد
Turkey reduces growth outlook amid Iran's conflict
Turkey has lowered its economic growth forecast for 2026 to 3.3%, with expectations of accelerating to 5% by 2029. There will be a sharp increase in the inflation rate to 21% in 2027, followed by a decline to 9% by 2029. This comes as part of an economic program aimed at reducing inflation and achieving price stability despite the impacts of Iran's war and rising energy prices. Officials indicated that combating inflation will require more time than initially anticipated, and that current policies are focused on sustaining growth, reducing inflation, and narrowing the government budget deficit, while also addressing the challenges resulting from the geopolitical situation.
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