Its most important industry and the largest source of exports is textiles and clothing, which is almost entirely in private hands. The current economic situation is marked by strong growth coupled with serious imbalances. To some extent, Ankara is caught in a vicious fiscal circle because about half of all central government revenue is going to pay interest on the national debt. The government also is planning to overhaul the social welfare and tax systems and to speed up privatization, although these reforms will face tough political opposition. Ankara is trying to increase trade with other countries in the region but most of Turkey's trade is still with OECD countries.
All information is subject to change at any time.
Global Direct Corp. assumes no liability for the use of the database or activities of its franchisees. Global Direct is growing rapidly through interaction with our visitors from all over the world. Many of us have mother tongues other than English. Please help us to improve our use of the language by reporting any problems or spelling errors to Mr. Language . He's here to help.