Erdoğan: Turkey’s economy became the world’s second-fastest growing economy in Q2

Erdoğan: Turkey’s economy became the world’s second-fastest growing economy in Q2

Turkish President Recep Tayyip Erdoğan made a speech at the Graduation Ceremony of the Officers and Noncommissioned Officers of the Gendarmerie and Coast Guard Academy.

“The second quarter’s growth figures announced today have once again proven the Turkish economy’s dynamism, production potential, and endurance. The Turkish economy grew by 21.7 percent in the second quarter and became the second-fastest-growing economy in the world,” Erdoğan said.

“The second quarter’s growth figures have once again proven the Turkish economy’s dynamism”

Stating that the Turkish economy, which closed 2020 with a growth rate of 1.8 percent, continued its growth trend, Erdoğan said: “We maintained the momentum, which we gained last year, in the first quarter of the year with 7.2 percent growth rate. And, the second quarter’s growth figures announced today have once again proven the Turkish economy’s dynamism, production potential, and endurance. The Turkish economy grew by 21.7 percent in the second quarter and became the second-fastest-growing economy in the world. This growth data, which cannot be explained merely with base effect, has once again shown that Turkey has an economy of production.”

“We are determined to render Turkey an investment and production base”

Underscoring that this positive course of the Turkish economy was the sign that 2021 would be closed with a strong growth rate, Erdoğan added: “The international organizations, which used to spread pessimism about the Turkish economy, have now started to revise their growth prospects in an upward direction. It is now time to act more enthusiastically for investment, production, export, and employment. We face a rare and great opportunity and by making the most of this opportunity, we are determined to render our country an investment and production base. Therefore, whatever others do and whatever they say, we only take care of our own business and focus on our goals.”

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