TURKEY

Turkey to be world's 'fastest growing country'

Turkey continues to be one of the fastest growing countries in the world, President Recep Tayyip Erdoğan said on Monday.

"Turkey's economy grew 7.4 percent in the first quarter of 2018. We are the first among OECD [Organization for Economic Cooperation and Development] countries and second among G20 countries.

"We continue to be one of the fastest growing countries in the world," Erdoğan said on his official Twitter account.

The president's remarks came after the Turkish Statistical Institute (TurkStat) revealed that the Turkish economy expanded by 7.4 percent in the first quarter of this year compared with the same period last year.

The three-month gross domestic product (GDP) at current prices climbed to around 792.7 billion Turkish liras (nearly $207.5 billion), according to TurkStat data.

"Despite all the attacks on the economy and games played [on Turkey], [we will] continue to grow strongly on the steady macro basis," Erdoğan added.

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