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Turkish finance minister sees balanced growth composition in 2024

September 2, 2024 4:00 AM EDT

FILE PHOTO: Turkey's Finance Minister Mehmet Simsek addresses a press conference to unveil a savings measures package in Ankara, Turkey, May 13, 2024. REUTERS/Umit Bektas/File photo

ISTANBUL (Reuters) - Turkish Finance Minister Mehmet Simsek said on Monday the economy's growth composition is expected to be more balanced with less contribution from domestic demand this year.

In a statement, Simsek also said leading indicators show rebalancing of economic growth continues in the third quarter, after Turkey announced 2.5% annual growth in the second quarter.

(Reporting by Ezgi Erkoyun; Editing by Jonathan Spicer)



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