Video Duration 02 minutes 48 seconds

Turkey promises reforms to revive economy

In order to achieve the goal of a big and strong Turkey, it is necessary to introduce structural reforms.

The Turkish government has promised financial reforms to revive its ailing economy.

In the past year, Turkey has faced high inflation and recession, while the national currency, the lira, has plunged nearly 30 percent in value.

Many consumers are now finding it difficult to afford imported goods.

 

Al Jazeera’s Neave Barker reports from Istanbul.