Simsek Says Turkey Can’t Meet Budget Targets, Vatan Reports
Turkey will not be able to meet 2012 budget targets and its economic growth will fall short of the 4 percent official target, Vatan newspaper reported, citing Finance Minister Mehmet Simsek.
Pay rises for civil servants, low privatization receipts and losses from selling natural gas at below cost-price will contribute to the failure, Vatan said.
To contact the editor responsible for this story: Selcuk Gokoluk at firstname.lastname@example.org
Bloomberg moderates all comments. Comments that are abusive or off-topic will not be posted to the site. Excessively long comments may be moderated as well. Bloomberg cannot facilitate requests to remove comments or explain individual moderation decisions.