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Aide to Turkey's Erdogan aide says interest rates are a 'sickness'
April 17, 2017 / 7:01 AM / 8 months ago

Aide to Turkey's Erdogan aide says interest rates are a 'sickness'

ISTANBUL, April 17 (Reuters) - Interest rates are a ‘sickness’ and must be lowered, an adviser to Turkish President Tayyip Erdogan said on Monday, hours after ‘Yes’ voters prevailed in a referendum granting the resident sweeping powers.

In an interview with state-run broadcaster TRT, Erdogan adviser Yigit Bulut also said he believed Turkey’s economic growth this year was likely to be between 5 to 7 percent, a much higher forecast than government’s existing estimate.

Reporting by Daren Butler; Writing by Humeyra Pamuk; Editing by Dominic Evans

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