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Turkey’s incomes circle the drain

The AKP government’s national income projections fall short of targets.
International Monetary Fund (IMF) Managing Director Christine Lagarde (L) chats with Turkey's Deputy Prime Minister Ali Babacan (R) and Turkish Central Bank Governor Erdem Basci (C) during a family photo session at the G20 finance ministers and central bank governors meeting in Istanbul February 10, 2015. The United States urged a meeting of the Group of 20 leading economies not to resort to currency devaluations to boost exports, while a draft communique gave a gloomy assessment on Tuesday of the outlook f
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One of the most ambitious goals of the Justice and Development Party (AKP) government, which has ruled Turkey for 13 years, was to boost national income. To achieve that goal, however, might require a miracle.

In July 2013, the government issued the 10th five-year development plan, which listed these goals:

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