Turkish economy's biggest risk is political uncertainty -Finmin

September 9, 2015 7:45 AM

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ISTANBUL, Sept 9 The biggest risk for Turkey's economy is long-term political instability, which would be a recipe for budget and current account deficits, Finance Minister Mehmet Simsek said on Wednesday.

Speaking at a conference in Istanbul, Simsek said the economy would likely grow 3 percent in 2015, but warned prolonged political uncertainty could weaken strong public finances, which currently act as a buffer against economic shocks.

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