Governor Erdem Başçı Delivered a Presentation to Council of Ministers – 02/06/2014, (2014-34)

No: 2014-34

Release Date: 2 June 2014

CENTRAL BANK OF THE REPUBLIC OF TURKEY PRESS RELEASE

Governor Erdem Başçı delivered a presentation to Council of Ministers.

Governor Erdem Başçı delivered the first presentation of 2014 to the Council of ministers on Monday, 02 June 2014 at 1:00 p.m.

Governor Başçı emphasized the following points:

• The pace of GDP growth is around 4 percent.
• Inflation is expected to begin its descent as of the June CPI data.
• Loan growth rates are approaching 15 percent.
• The improvement in the current account deficit is expected to continue.

The presentation (in Turkish) is available at here.

For Governor Başçı’s previous speeches and presentations, please see: Announcements/Remarks by Governor

Contact: For further information, please contact Press Secretary Yücel Yazar Tel No: +90 (312) 507 5656