Turkey to meet its privatization targets: finance minister
Simsek says Turkey's privatization income reached $12.5 billion in 2013, a year of global financial crisis.
Turkey will reach its privatization revenue target for 2014 just like it did a year earlier, Finance Minister Mehmet Simsek said on Saturday. Prior to his visit to Qatar for talks with international investors, Simsek told Anadolu Agency that Turkey generated over $12.5 billion from privatized assets in 2013, outdistancing the estimated target of $4 billion.
He stressed that this was a significant achievement considering that 2013 was a year of worldwide financial crisis. "We believe Turkey wil reach this year's privatization revenue target of $7 billion, and even go beyond that. Our contacts with inverstors show that their interest in Turkey is very high," he said.
Turkish economy gained more than $58.3 billion from privatized assets since the ruling Justice and Development (AK) Party came to power in 2002.
He stressed that this was a significant achievement considering that 2013 was a year of worldwide financial crisis. "We believe Turkey wil reach this year's privatization revenue target of $7 billion, and even go beyond that. Our contacts with inverstors show that their interest in Turkey is very high," he said.
Turkish economy gained more than $58.3 billion from privatized assets since the ruling Justice and Development (AK) Party came to power in 2002.