ANKARA, Sept 8 Turkey will drive up household
and corporate savings with the help of "very strong" incentives
and there will be no unnecessary government spending, Deputy
Prime Minister Mehmet Simsek said on Thursday.
"The prime minister has ordered us to continue saving, and
the government will keep it tight. With very strong incentives,
household savings will increase, and the reforms will encourage
corporate savings as well," Simsek, who is charged with
oversight of the economy, said in the capital.
Economists have urged Turkey to boost its savings rate to
help shift economic growth away from a reliance on consumption.
(Reporting by Ece Toksabay; Writing by Edmund Blair; Editing by