World Bank's vice president said on Friday that Turkey was in good condition against global financial crisis.

- 11 / 10 / 2008 12:42

World Bank's vice president said on Friday that Turkey was in good condition against global financial crisis.

Shigeo Katsu, Vice President for Europe and Central Asia, delivered a speech at a briefing on economy in Europe and Central Asia within the scope of the annual meetings of IMF and World Bank in Washington D.C.

Replying to a question on possible impacts of global crisis on Turkey, Katsu said Turkey was an interesting country which restructured and modernized its economy in the past seven years after going through a serious economic crisis in 2001.

Turkish economy was more powerful now, Katsu said.