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Turkey's Simsek sees investment, consumption picking up after June election

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Reuters NEW DELHI
Last Updated : Feb 24 2015 | 9:55 PM IST

NEW DELHI (Reuters) - Turkish Finance Minister Mehmet Simsek said on Tuesday he expected private investment and consumption, as well as foreign direct investment flows to Turkey, to pick up after a June parliamentary election.

Simsek also told Reuters in an interview that he expected the economy to meet the government's growth forecast of 5 percent next year, partly on the back of a recovery in trading partners including Europe and partly on the back of "more supportive financial conditions", including monetary policy.

(Reporting by Rajesh Kumar Singh and Nidhi Verma; Writing by Nick Tattersall; Editing by Humeyra Pamuk)

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First Published: Feb 24 2015 | 9:45 PM IST

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