Turkey is more successful in financial management: Erdogan

Turkish president says interest rate, inflation have fallen, policy interest to fall further


By Burak Bir

ANKARA (AA) - Turkey is now a more successful country in the financial management which makes it much a stronger economy, Turkish president said on Wednesday.

"I am allergic to interest, I am against high interest. Interest rate has currently started to fall again, inflation has also fallen, and policy interest rate will fall further," Recep Tayyip Erdogan, said at Central Anatolia Economic Forum in central Sivas province.

For the growth rate plan of 2020, Erdogan said: "I set a target growth rate for 2020, we will definitely plan the growth rate as 5%."

"Some have missiles with nuclear warheads, not one or two. But I would not have a nuclear-powered missile, I do not accept it," Erdogan said, referring to all developed countries, who have nuclear-powered missiles but opposing others, who tend to have them.

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