February 11, 2014 / 8:02 AM / 4 years ago

Turkey sees bigger than expected decline in 2014 c/a deficit-min/TV

ANKARA, Feb 11 (Reuters) - Turkey anticipates a much bigger than previously expected decline in the current account deficit this year, Finance Minister Mehmet Simsek told the CNBC-e news channel on Tuesday.

Turkey is dependent on foreign capital flows to finance its gaping current account deficit, running at around 7 percent of national output.

Reporting by Humeyra Pamuk

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