(MENAFN) Turkey is agonizing to reach its 5 percent economic growth target, and all factors hint that it'll fail, unless it realizes its reform program, amid the economic turmoil affecting both Turkey and the world.
Additionally, in line with worldwide markets which have begun the year poorly, local agencies and authorities came to the result that a 3 percent progress would not have been thought possible in January.
Among a number of factors that would create risks over Turkey's growth; there're the geopolitical risks, a deceleration in the realization of structural reforms and a possible aggressive hike in the rates by the U.S. Federal Reserve.
Turkey can put itself on a higher growth track for 6-7pct through a number of structural reforms, considering that the nation's growth is mainly based on domestic demand, which has brought several problem.
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