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"Growth and Decrease in Current Deficit is pleasing"

Mr. İsmail Kuş; Deputy President of the Board of Directors of Bursa Chamber of Commerce and Industry (BTSO) expressed that they are pleased with the growth figures which are above the expected in spite of the downturn Turkey is in and problems at the export markets.

Mr. İsmail Kuş evaluated the growth figures of the 2nd quarter of 2015 that have been announced today. Mr. İsmail Kuş; Deputy President of BTSO indicated that Turkey is the 7th fastest growing country on the indicated period with the rate of 3,8% and told that “Turkey is ahead of EU countries and the U.S.A. with its growth rate in the second quarter. Besides, it’s important that these figures are attained in spite of the recession in the world trade and problems at the export market”.

 “WE WILL BE WORKING WITH ALL OUR POWER”

Mr. İsmail Kuş indicated that, “As the business world of Bursa, we will be working for the future of our city and country to increase our value-added manufacturing and provide new employment fields.”  

 “WE ARE EXPECTING THE CURRENCIES TO BE STABLE”

Mr. İsmail Kuş; Deputy President of the Board of Directors of BTSO also shared his opinions about the high increases in foreign currencies. Mr. İsmail Kuş, indicating that currencies have lost value in developing countries with the concern of economic recession in China and expectation of the increase of interest rates by U.S.A. Federal Reserve Bank said that “But the Turkish Lira is the most depreciated currency after Brazil. The reason of this is political developments in our country and the terrorist incidents. As the representatives of the business world, we are expecting the currencies to be stable immediately.”
 

| 10.09.2015 |

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