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Turkey's economy grew 3.2% in 2024, surpassing forecasts, but faces slower growth in 2025.
Turkey's economy grew by 3.2% in 2024, exceeding forecasts and driven by domestic and foreign demand.
Finance Minister Mehmet Simsek credited policy predictability and improved confidence for the growth.
Economists expect slower growth of 3.1% in 2025 due to interest rate hikes and policy shifts.
The European Bank for Reconstruction and Development projects Turkey's growth to remain at 3% in 2025, cautioning against loosening policy measures due to inflation and geopolitical uncertainties.
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La economía de Turquía creció un 3,2% en 2024, superando las previsiones, pero se enfrenta a un crecimiento más lento en 2025.