September 12, 2019 / 3:16 PM / 2 months ago

Turkish economy will post positive annual growth in 2019 - Albayrak

ISTANBUL, Sept 12 (Reuters) - Turkish Finance Minister Berat Albayrak said on Thursday that he believes Turkey’s economy will post a positive annual growth in 2019, adding that data may show a record-high rolling current account balance in July.

Turkey’s economy contracted a less-than-expected 1.5% in the second quarter of the year. A Reuters poll last month pointed to zero growth in 2019.

Turkey’s 12-month cumulative current account recorded a surplus in June for the first time in nearly 17 years. A Reuters poll on Wednesday pointed to the current account recording a surplus $1.24 billion in July. (Reporting by Jonathan Spicer, Can Sezer and Ebru Tuncay; Writing by Tuvan Gumrukcu Editing by Dominic Evans)

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