TURKEY IS AN EXAMPLE
Explaining that they have avoided every move that could harm stability and security, Erdoğan stated, "We didn't permit populism nor did we make any concessions on fiscal discipline."
The Prime Minister went on to state that Turkey's experience is one that could act as an example for countries in the region and Europe as well as all nations suffering from the financial crisis. "Even if during the 2009 economic crisis there may have been a slight regression, all of our economic indicators have now surpassed the levels they were at prior to the crisis. Despite the ongoing crisis, Turkey has displayed an extremely positive performance in terms of exports, growth, tourism revenue, direct investments, balancing the budget and borrowing interest." The Prime Minister went on to state that the 23.5 billion dollar IMF loan Turkey had in 2002 has been brought down to 1.7 billion dollars, "by April, 2013 Turkey's IMF debt will have been completely zeroed out."
A total of 1,100 participants from 70 countries register to attend the forum. High level representatives from 50 different nations were in attendance. During sessions, 650 national and foreign representatives from the business world and 180 high level administrators will be speaking. The World Economic Forum's Middle East, North Africa and Eurasia Summit was a first in terms of encompassing the largest geographical region for a special summit.
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