IslamicFinance.de

Islamic Development Bank (IDB) President Ahmad Mohamed Ali Al Madani has said they are ready to support Turkey to maintain the country's stable investment environment in the wake of the July 15 coup attempt. Al Madani said that the Turkish government has continued to promote domestic and foreign investments by boosting the liquidity of its markets to minimize short-term risks since the coup attempt. He noted that the establishment of the Sovereign Welfare Fund (SWF) is an extremely important development as it will help the government transfer its achievements to strategically important sectors. Al Madani remarked that Turkey will maintain its 3 to 4% growth rate despite its dependency on foreign energy.