Quoting Anadolu News Agency, Douglas Winslow, director of the international credit rating agency Fitch, said that the Turkish economy will resume growth after the completion of the Corona virus, adding that the agency expects the growth of the Turkish economy in the third quarter of this year, with the growth rate to reach 4.5% by In 2021, this is a sustainable growth rate in our view.
He also added that the Turkish economy achieved growth exceeding 6 percent during the first quarter of this year, that is, before the Coruna virus crisis, and that they expect a severe contraction in the second quarter, with the economic growth index starting horizontally during the third quarter.
And, "Fitch" had expected in its report published last week, that the world economy will witness a contraction during the current year, by 1.9 percent.