Transcripts for DW Business 20191015 10:33:00 : vimarsana.co

DW Business October 15, 2019 10:33:00

sanctions and there actually has been coming out of the period of recession and it covering serious economic fundamentals today look at much better than they looked in 2018 when the 1st u.s. sanctions were imposed and so far we've seen the rather limited reaction from the markets you know partly because the 1st set of the sanctions that was announced yesterday actually are rather limited sanctions as you mentioned they're primarily focused on individuals from free ministries but what i think is very important for an economy is that uncertainty and this is why many corporates invest this are now putting their plans on hold but also one has to remember that turkey is dependent on the inflow of financial resources from the outside the finance its current account deficit and therefore the financial institutions are going to start getting worried you know turkey very quickly can lose those financial inflows and its fiscal situation is going to deteriorate so is this affects his finances is likely to be enough to make president had one change of policy. well

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