Turkey Officials Tell Investors War May Dent Growth, Lift Prices

Mehmet Simsek

Photographer: Lam Yik/Bloomberg

Turkey’s top economic policymakers told investors this week that the fallout from the Iran war is likely to weigh on Turkish growth and raise price pressures in the short term, according to people with knowledge of the conversations.

Treasury and Finance Minister Mehmet Simsek and central bank Governor Fatih Karahan met with investors in dozens of conferences on the sidelines of the International Monetary Fund’s Spring Meetings in Washington DC as well as in New York City.