Thursday 31, May 2018 by Kudakwashe

Turkey to tighten fiscal policy

Turkish Government will tighten fiscal policy as it recently did with monetary policy.Turkish Government will tighten fiscal policy as it recently did with monetary policy.

The statement came from the Minister of Finance, Naci Agbal adding that it is important that the two policies are in harmony, according to Reuters.

Turkey’s central bank hiked interest rates by 3 per cent, following a deep sell-off in the lira.

  

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