IMF don increase dia forecast for Turkish economy
Di International Monetary Fund (IMF) notice say di internal demand and export dey recover.
Di International Monetary Fund (IMF) don increase di forecast for Turkey GDP growth for 2025 from 3% go 3.5%, and for 2026 from 3.3% go 3.7%. Dem talk dis one for dia October report.
IMF notice say Turkey economy dey show beta signs for inside demand and export. Dis one make di positive expectations for di kontri strong pass wetin dem talk for July report.
For global economy, IMF don increase di forecast for 2025 from 3% go 3.2%, but dem still keep di 2026 forecast for 3.1%.
Even though dem increase di forecast, IMF still talk say di world economy growth go slow down small — from 3.3% for 2024 go 3.2% for 2025, and 3.1% for 2026. Dis one na because of 'policy changes and complex factors' wey dey affect di economy.
IMF mention say for April, United States bin break di normal global trade rules as dem announce big tariffs. Di April report bin show say di trade shock fit reduce growth, but how e go affect di economy depend on di level of di shock.
Dem also talk say di uncertainty for trade policy still dey high because trade partners never get clear and steady agreements. Di focus now dey shift from di tariff levels go how dem dey affect price, investment, and consumption.
Even though di protectionist measures never too affect economic activity and prices, IMF talk say growth still dey strong for di first half of di year.
But di report still show say di negative impact of protectionism don dey show small small. Dem expect say di uncertainty for trade policy go continue for 2025 and 2026.