ANKARA - Turkey`s current account deficit was negatively affected due to an increase in energy imported in three months and despite a high performance in exports, said prime ministry officials.
In a press release issued after Wednesday`s economy assessment meeting, the Turkish prime ministry said that increasing prices of energy and basic food items had a negative impact on the inflation rates.
According to the press release, financial and fiscal policies will be implemented with caution. Furthermore, the utilization of regional possibilities in energy and food matters will be speeded up and the implementation of Southeast Anatolia Project will gain momentum.
(SOL-UK)