Why Real Estate In Turkey

Because 2015 is going to be a development 12 months for Turkish economy. Turkish government will take steps within 30-billion TL conversion
package.


Part of the IPC Group See Here For Great Turkish Properties

While business world described 2015 whilst the first step of development, Turkish government will take actions within
30-billion TL transformation package. The government will introduce economy that is new, that may support employment
and manufacturing, enhance earnings degree and provide senior citizens to have more stocks from national earnings, to Turkey’s
Grand National Assembly.

Economy ministers 2015 agenda includes 4 per cent growth that is economic, completion of mega tasks, privatization
And incentives that are new manufacturing and investment subjects. Brand new Turkey will need steps that are radical all areas of
economy. In 2015, Turkey could make 390 billion TL opportunities in private and public sectors. About 300 billion TL of
these assets is created by favor of personal sector. Measures taken by government for supporting the development are:

Suitable financing opportunities are made for increasing manufacturing and exports. Politics for supporting private
Sector shall be maintained.

Conditions of financing and credits for merchants, craftsmen and smaller businesses will be improved. Tax, work and
other obligations may be decreased.

Competitive sectors is determined in solution area. Precautions supporting these sectors will likely to be taken. Complete of
the construction company service will be increased to $50 billion.

By developing the entrepreneurship, small businesses are supported. Information and communication technology will
be much more deployed.

Urbanization vision at higher requirements wealth that is indicating development may be retained. With urban transformation
Project recovery that is providing 200 sectors, the cities is likely to be liveable
areas.



Respected Turkish Economists predict that Their economy will develop by 3.5 % in 2015.”

Respected Economists said that Turkey’s reliability to currency that is foreign continuing. Developments in Turkish
Economy shall be defined in parallel with developments in foreign country in 2015.

Economists also suggested that low oil prices are advantageous to Turkish economy. “Cheaper oil means low inflation and
shrinking in present account deficit in Turkey. So, Turkey can handle its account that is current deficit this,” he said.

Economists examined growth styles of Turkish economy. “We predict that Turkish economy will grow by 3.5 percent in
2015. Last year’s growth resulted from consumption and easy money policies. For lots more growth that is sustainable Turkey must
follow export-oriented growth policy again. Economical energy costs will help this policy,” he said.

According to the information of Turkish Central Bank, Turkey’s temporary outstanding outside financial obligation reached to $134.2 billion
in October. These debts that are foreign suffering from interest hike for the U.S.A. Fragility in economy results from
Turkish companies especially banks harder funding itself. This can be mirrored in the economy as reduced investment, high
inflation prices and low activity that is economic. Nevertheless, there is no slowdown danger on international capital flow,” They say.