Economy has grown constantly over last 24 quarters

While the economy has been growing, the current account deficit and the foreign trade deficit have decreased.

Speaking at the opening ceremony of the 3rd Aggregation Conference held at the Prime Ministry's Hikmet Esen Conference Hall, Economy Minister Mustafa Elitaş highlighted the importance of this declining trend, and announced that while growth has been constant for the past 24 quarters - since 2008 - where the average growth rate was 5.1 percent.

"Turkey financed growth in 2015 through internal resources or direct foreign investments in a balanced manner, and has grown faster than the neighboring economies. Before the 2008 economic crisis, the global climate was suitable for equal economic growth for all countries. However, after the crisis, growth is now more effective in countries that take more stable and focused steps when making decisions regarding growth as well as those that provide a secure and stable environment," Elitaş said.

He added that Turkey is the first country to achieve these conditions.