EBRD upgrades Turkiye forecast for 2025
Turkey, Sept. 25 -- The European Bank for Reconstruction and Development (EBRD) expects Turkiye's economy to grow by 3.1 per cent in 2025, upgrading it from the Bank's previous 2.8 per cent growth forecast in May 2025 .The Bank expects the Turkish economy to then grow by 3.5 per cent in 2026, unchanged from the previous forecast.The forecasts were published today in the Bank's Regional Economic Prospects report. Growth in the EBRD regions (excluding six economies in sub-Saharan Africa and Iraq) is expected to moderate to 3.1 per cent in 2025 as a whole from stronger than expected outturns in the first half of the year, before picking up to 3.3 per cent in 2026. The economies in the EBRD regions remain under pressure from continued global ge...
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