EBRD cuts growth forecast amid rising uncertainty in trade policy Related news
Government
ISTANBUL The European Bank for Reconstruction and Development (EBRD) on Tuesday lowered its regional economic forecast for 2025 by 0.2 percentage points due to heightened trade policy uncertainty. The EBRD reduced its forecast to 3% for 2025 due to tariff hikes and global policy uncertainty, which have dampened trade and stressed supply chains, according to the bank's Regional Economic Prospects report. "This downward revision follows a similar 0.3 percentage point cut in February and reflects
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