OECD Says Political Uncertainty In Turkey Caused Upward Shift In Risk Premium

ANKARA - Unfavourable international conditions and domestic political uncertainty caused an upward shift in the country`s risk premium, an OECD report said on Sunday.
"2008 Economic Outlook Report" by the Organization for Economic Cooperation and Development (OECD) said the inflation figure was expected to increase to 9.6 percent this year and decrease to 7.5 percent in 2009.
The report predicted that unemployment rate could rise to 10.2 percent in 2008 and 10.5 in 2009.
"In a context of uncertainties on a broad range of public governance conditions, maintaining confidence in the resilience of economic policies is important," it stated.
(EÖ)