Türkiye Targets 7% Annual Growth Under Ninth Development Plan

Deputy Prime Minister Abdullatif Sener presented Türkiye's Ninth Development Plan, covering 2007 to 2013, to the Parliamentary Planning and Budget Commission, projecting annual GDP growth of 7 percent over the plan's duration.

Sener said job creation would be a central priority under the new plan, while also noting ongoing structural changes in the economy and improving relations with the European Union.

GDP, estimated at roughly 380 billion USD in 2006, was forecast to nearly double to around 800 billion USD by 2013. Per capita national income was projected to reach 10,100 USD by that year, with purchasing power parity placing the figure at 15,332 USD.

Sectoral growth targets set agriculture at 3.6 percent annually, while industry and services were projected to expand at 7.8 percent and 7.3 percent per year, respectively.

Historical summary. TurkishPress restated this wire report, first published in June 2006, in its own words.