21 September 2018•Update: 24 September 2018
ANKARA
Turkey has the necessary technical information and human capital for implementing policies to overcome economic issues, the Islamic Development Bank (IDB) Group's regional director in Turkey said.
"Structural reforms ensuring the efficient use of resources will make a significant contribution to overcome economic problems in the short term," Saleh Jelassi told Anadolu Agency.
He highlighted that high inflation rate, foreign trade gap, current account deficit, and low saving rate were crucial problems Turkey faced.
But Jelassi shared hope, stating that Turkey's geopolitical position, historical and cultural background, human and natural resources will help the country have a promising future.
He said the steps taken to create a competitive economy based on production, export and high technology will brighten the future of the Turkish economy.
"In this regard, we trust in Turkey and its economy.
"Turkey will look to the future with more confidence with its young and dynamic population especially by using the power of science, technology and innovation," he said.
Highlighting that infrastructure investments become necessary due to Turkish economy's rapid growth, Jelassi said IDB Group will continue to invest in energy, transport, health and education sectors in Turkey.
"We will continue to support some infrastructure projects to be implemented through public private partnership," he added.
Reporting by Ayse Bocuoglu Bodur; Writing by Tuba Sahin
