Turkey Makes It Easier to Borrow After Coup Attempt Hurts Demand

  • Repayment periods for consumer loans, credit cards extended
  • Restrictions were in place to reduce current-account imbalance

Turks will be given more time to repay some consumer loans as part of a broader effort to revive domestic demand, a key driver of growth in Turkey that has showed signs of slowing since July’s failed coup.

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