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Turkish economy

Our knowledge of the variation in the Turkish economy is not strange. Who among us does not have any information about Turkey? Turkey's news comes to us without the need to search for it

But in this article we will talk about the Turkish economy, and we will provide you with figures and details

Yeah! At the beginning of the article we talked about the variation, but these variation were only in recent years and we must not forget the International Monetary Fund's IMF classification of Turkey's economy as an emerging market, as it moved from a shrinkage stage to growth in record time

If we talked about the past year and our current year with regard to the economy in Turkey, do not worry about yourself as investors or as residents of Turkey, because Turkey has proven to the world its strength, especially in the economic field, it has preserved itself and its economy and contained its people during the Corona crisis, so it has kept and Maintained a solid foundation

Turkey's economy in numbers

Turkey recorded 4.5 percent growth in the economy in the first quarter of this year, between January - March 2020

 GDP, increased by 16.2 percent in the first three months of 2020 compared to the same period in 2019

                                  Turkey also ranked 13th in the world economy

What we must conclude? 

 

We conclude that Turkey is walking on a very successful economic plan, by 2023, and according to the plan drawn up, Turkey will be in the first rank economically

Turkey and Corona

أ

The World Health Organization (WHO), along with presidents of some countries, has praised the way the Turkish government has dealt with the Corona or Covid-19 pandemic, it proved its vast experience in crisis management, whether local or international

Who didn't see what happened in the big countries like China, Italy, America, and other countries that are internationally classified as emerging and big countries

  1. Thousands of aid were sent from medical tools to Arab and Western countries

  2. It conducted more than 30,000 corona exams daily

  3. The disease contained in a short time and managed to control the spread of corona

  4. The number of deaths are very low in relation to the number of deaths in the other countries

  5. It stopped selling masks and distributing them for free to foreign citizens and residents

  6. Distributed financial and food aid to its people

And many other achievements of Turkey during the Corona period

 1 -

  1. Establishing hospitals.

  2.   Increasing the number of workers in the medical sector

  3.  Providing hospitals with the necessary medical equipment

  4.  Allocating hospitals to care for corona patients. 

  5. Free distribution of masks to all members of the people.

?Where is the Turkish economy heading

As we have already talked about, Turkey has developed an economic plan that aims to reach it so the plan is to be from the first countries in the world economically

  1. Reducing the unemployment rate to less than 5%

  2. Increasing the value of exports and determining the quality of exports (machinery, cars, electrical, electronic devices, chemical and finally food industries)

  3. Increasing its exports of high-tech industries from 3.5% to 5%

  4. Increase the local product

?What is the summary

You should rest assured if you are an investor or if you are planing to invest in Turkey, because Turkey is walking on the well-drawn plan well so we can say it is more than very good

The economic growth and prosperity of Turkey is very clear, even without any numbers or statistics

So, for the safe investment, Turkey is the first and good direction for you

It is important for us to mention that Bellus Homes is ready for any of your inquiries and questions. Contact us via our social media pages or  on our phone numbers

?Why Bellus Homes

As a leading company in the field of real estate sales in Istanbul, we provide you with various guarantees and services, including:

We guarantee the credibility of our work with you

We provide a guarantee from the Turkish government after the acquisition of receiving the monthly investment return

A specialized team with experience dealing with all your requirements

Our services do not only include real estate insurance, but also include everything related to it in facilitating papers and transactions, following up on stays permits, and many more

You can view all our services here

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