October 1, 2018 / 12:06 PM / a year ago

Turkey's Erdogan says will not compromise on budget discipline

ANKARA (Reuters) - President Tayyip Erdogan said on Monday Turkey would not compromise on budget discipline or give up on free market rules, and aims to attract foreign investment.

In a speech at the opening of parliament Erdogan also said uncertainty caused by fluctuations in lira - which has slumped 37 percent against the dollar this year - was slowly fading but Turkey will closely monitor problems caused by inflation and interest rates.

Reporting by Gulsen Solaker, Ece Toksabay and Tuvan Gumrukcu; Writing by Dominic Evans

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