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Turkey Progress 2007 & Outlook 2008

Business & Economic Overview

Recep Tayyip Erdogan, Prime Minister

===Turkey ===

Progress 2007 & Outlook 2008 by Sectors

Progress Rating by *AAA*AA*A *B *C *D *E *F

Outlook Rating By *1 *2 *3 *4 *5 *6

===

Overhaul Economic Progress & Prosperity *AAA*1

AFTA AsiaFreeTradeArea *AA*1

Economic Reforms *AAA*1

Legal & Social Reform *AA*1

Government Reform *AAA*1

GDP Growth *AAA*1

Job Creation *AAA*1

Banking & Credit *AAA*1

International Trade *AAA*1

Exports *AAA*1

Imports *AAA*1

Finance *AAA*1

Stock Market *AAA*1

Construction Industries *AAA*1

Automotive Industries *AAA*1

Foreign Exchange Reserves *AA*1

Energy Development *AAA*1

Highway & Road Development *AAA*1

Heavy Industries *AAA*1

Fabricating & Engineering *AAA*1

Railways Industries *AAA*1

Aviation Industries *AA*1

Marine Industries *AAA*1

Defence Industries *AAA*1

Telephone *AAA*1

Telephone Mobile *AAA*1

Internet *AAA*1

Services Private *AAA*1

Services Government *AA*1

Hotel & Tourist *AAA*1

Turkey Business & Economics Overview

**all data are estimated**

Area: total: 780,580 sq km

Land boundaries: total: 2,627 km

Coastline: 7,200 km

Climate: temperate; hot, dry summers with mild, wet winters; harsher in interior

Natural resources: antimony, coal, chromium, mercury, copper, borate, sulfur, iron ore, arable land, hydropower

Population: 70 Millions GDP: purchasing power parity - $444 billion

GDP - per capita: purchasing power parity - $6,800

Labor force: 23 million

Labor force - by occupation: agriculture 38%, services 38%, industry 24%

Budget: revenues: $54.5 billion

Industries:textiles, food processing, autos, mining (coal, chromite, copper, boron), steel, petroleum, construction, lumber, paper

Agriculture - products: tobacco, cotton, grain, olives, sugar beets, pulse, citrus; livestock

Exports: $74 billion

Exports - commodities: apparel 25.6%, foodstuffs 15.4%, textiles 12.3%, metal manufactures 8.6%, transport equipment 8.1%

Exports - partners: Germany US UK Italy France

Imports: $82 billion

Imports - commodities: machinery 28.3%, chemicals 15.2%, semi-finished goods 14.5%, fuels 11%, transport equipment 9.5%

Imports - partners: Germany Italy US Russia France UK

====

Prime Minister Recep Tayyip Erdogan

Azim Great Leader

Wisdom, Vision, Courage, Principle & Action

===================================

Erdogan two years of Economic Progress

The past two years present a commendable record in the history of economic management in Turkey. An economic laggard in 2002, Turkey is a resurgent economy in 2004

. Erdogan Turkey is posed to become one of the world's most dynamic economies and that Turkey expects growth of greater than 10% this year. Turkey will post its best growth rate in the last 40 years. The economic administration has brought stability and structure that continues to grow day by day. Turkey has become an active economy with a widening trade capacity.

The industrial production increased 12.8% when compared to last year. The growth trend has taken hold in all sectors and Turkey is becoming one of the most dynamic economies in the world.

Turkish Economy private sector as having the greatest have an impact on Turkey's economic growth. The weight of the public sector in the economy has decreased.

Turkey achieved a growth rate of 5.9 per cent last year, even though it was only targeted to grow 5 per cent. Turkey has already blown past that estimation by posting 13.3 percent growth in the first half of the year

Turkey export grow to over 60 billion dollar this year.

Got the negotiation date to Join the European Union Membership

Economic Reforms working well, Legal Reform law was adopted and working well, Social Reform law was adopted and working well, Government Reform process moving in the right direction

PTA Trade agreement with Pakistan are in process and moving in the right direction and trade between Pakistan is growing.

The Trade with European and other European countries are growing and moving in a right direct.

The trade with neighbour counties Iran, Syria and other middle east countries are growing very fast in the right direction.

The trade with other Asian counties and other are growing in the right direction.

What make a Country Rich, Happy, Healthy & Strong Nation. Is Good, Organise, Honest, Business Friendly Government and a Free Enterprise System, like Canada, Japan, Korea, Malaysia and Singapore. Oil, Gold, Natural Resources, Population, Area, Location is not the Key for Development. Take the example of Japan & Singapore

As a whole Prime Minister Recep Tayyip Erdogan was the best leader Turkey has produced in the last 60 years of the modern history.

 
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