We Closely Monitor Global Economic Crisis, Government Spokesman

ANKARA - Spokesman of the Turkish government and Deputy Prime Minister, Cemil Cicek, said Wednesday that his government closely monitors the global economic crisis.
Speaking to reporters following Wednesday's Council of Ministers meeting in Ankara, Cicek said that the Turkish government is ready to take any necessary steps when needed by the economy.
There is no need for panic in the Turkish economy, Cicek said.
"For a long time, there has been a program of stability implemented in the Turkish economy and fiscal discipline in order to strengthen the economy against global shocks," Cicek said.
"Naturally, the global developments may have an impact on Turkey. We are closely monitoring the situation. If there is a need for a precautionary measure, we will take it," Cicek said.
(SOL-AÖ)
(POL)