Data from the Turkish Statistical Institute showed today, Monday, the economic confidence index rebounded in June by 19.1% compared to the previous month to record 73.5 points, thus continuing to recover for the second month from extremely low levels caused by anti-Corona virus measures.
Turkish Minister of Treasury and Finance Berat Al-Bairaq confirmed in a tweet via his Twitter account today that the recovery of the economic confidence index in Turkey will continue to rise during the current and next two years.
"The index of confidence in the Turkish economy continues to rise, as it rose from 51.3% last April to 61.7% last May, and to 73.5% in this June," Al-Bairaq said.
"This performance will continue during the current year, and we will take it further in the coming year," the Turkish minister added.
And economic activity has declined sharply in March and April of last two with the implementation of Ankara measures to curb the spread of the Corona virus, and began easing the measures gradually in May last year, and then lifted almost completely in the current June.
The index reflects optimistic economic forecasts when its reading exceeds 100 points, while indicating a pessimistic view when it is below this level.
Earlier, Turkish President Recep Tayyip Erdogan stressed that his country has become very close to entering the ranks of the top 10 economies in the world, adding that the indicators for Turkey's economic recovery are very strong.
He stressed that the great distance traveled by Turkey in the areas of democracy and economy was clearly demonstrated by its tangible results during the period of the Coruna virus epidemic.