Turkiye Economic Growth and Development Journey Continues, says Minister Kacır

The Minister of Industry and Technology, Mehmet Fatih Kacır, took to social media to evaluate the Gross Domestic Product (GDP) data for the year 2023, recently released by the Turkish Statistical Institute.

Highlighting Turkey’s consistent economic growth for 14 consecutive quarters, Minister Kacır expressed optimism about the nation’s trajectory. “In 2023, investments in our country increased by 8.9%, and our economy grew by 4.5%. With a per capita income of $13,110 and a national income of $1.118 trillion, Turkey continues its journey of development in the realms of investment, employment, production, and exports,” stated Kacır.

The minister’s comments come on the heels of the announcement that the Turkish economy witnessed a robust 4.5% growth in 2023. Emphasizing the significant rise in investments within the country, Kacır underlined Turkey’s commitment to sustained development across various sectors.

The reported per capita income of $13,110 reflects the economic well-being of the Turkish population, while the overall national income reaching $1.118 trillion underscores the nation’s economic strength. Minister Kacır’s positive outlook suggests that Turkey is on a continuous path of growth and development, with a focus on investment, employment generation, production, and export activities.

As Turkey charts its course on the developmental trajectory, these economic indicators provide a promising outlook for the nation’s future. Minister Kacır’s assessment underscores the government’s dedication to fostering a robust and resilient economy, positioning Turkey as a key player in the global economic landscape.

source: prepared by Melisa Beğiç

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