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Downside risks on Turkey's economic growth increased, Turkish deputy PM says

August 14, 2016 4:02 AM EDT

Turkey's Deputy Prime Minister Mehmet Simsek speaks during an interview with Reuters in Ankara, Turkey, June 15, 2016. REUTERS/Umit Bektas

ISTANBUL (Reuters) - Downside risks that could pull down Turkey's year-end economic growth target of 4.5 percent have increased, Turkish deputy Prime Minister Mehmet Simsek said on Sunday.

"When we had estimated the 4.5 percent growth, the environment both globally and in Turkey was very different," Simsek said in an interview with CNN Turk television.

(Reporting by Humeyra Pamuk; editing by Andrew Roche)



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