Visiting Secretary General of the Organization for Economic Co-operation and Development (OECD) Angel Gurria said Wednesday Turkey is the strongest country in the OECD in Y 2010.
Gurria made the remarks at a joint press conference with Turkish State Minister and Deputy Prime Minister Ali Babacan in the Turkish capital of Ankara upon announcement of OECD’s Turkey report for Y 2010.

Turkey has gone through the global economic crisis successfully, said Gurria, adding that this transition provided a Golden opportunity for full economic growth.

“We analyze countries and as a result believe that in Europe the German and Turkish economies will remain strong while the economies of the United States, Canada and Japan will shrink,” Gurria said.

The growth in many OECD countries did not meet expectations but Turkey was an exception, Gurria stressed.

Turkey realized an impressive crisis management and the fiscal reforms implemented after 2002 made great contribution to Turkey’s success in dealing with the crisis, Gurria underlined.

The well balanced stability packages resulted in more international confidence in the Turkish economy and Turkey was the strongest country in the OECD as we entered the year Y 2010, Gurria said.

For his part, Babacan said the OECD published country reports every two years and that these reports included wide analysis.—Paul A. Ebeling, Jnr. www.livetradingnews.com

Such reports are not prepared merely for Turkey but for a total of 40 countries, Babacan said.

The OECD reports include objective and scientific analysis and proposals, said Babacan, adding that Turkey pays high attention to these reports and have made use of them in the past.

Turkey will continue to benefit from the reports, said Babacan.

Posted by Shayne Heffernan on Sep 16th, 2010and filed underOil.You can follow any responses to this entry through theRSS 2.0You can leave a response by filling following comment form or trackback to this entry from your site