Türkiye's government projects gross domestic product growth accelerating to 5% by 2029, up from 3.3% forecast for this year, Vice President Cevdet Yilmaz said on Sunday while presenting the country's medium-term economic program. Here are some details: Inflation is forecast at 21% in 2027 and 13.5% in 2028 before reaching 9% in 2029. GDP growth seen at 4.2% in 2027, 4.6% in 2028 and 5% in 2029. Budget deficit-to-GDP ratio projected at 3.5% in 2027, falling to 3.1% in 2028, and 2.8% in 2029. Unemployment seen at 8.1% in 2026, easing gradually to 7.6% by 2029.
