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Turkish President: Turkey benefits from strong currency assets

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(MENAFN) According to the president of the nation, Turkey enjoys strong currency assets and its economy is very competitive on the world stage.

Recep Tayyip Erdogan said the Central Bank had US $ 27.5 billion in foreign exchange reserves when we came to power in the fall of 2002 and US $ 95 billion.

He further stated that during my tenure as Prime Minister this foreign exchange reserve increased to $ 132 billion. After that, we fell to $ 95 billion. What does it mean? We can go back to 132 billion USD and we will even reach 200 billion USD.

He added that Turkey’s assets are set to improve even more, during his discussion with its ruling 7th Izmir Provincial Congress, Justice and Development (AK). He was also present at the provincial congresses of Hakkari and Nevsehir via video link.

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