October 2, 2018 / 9:35 AM / a month ago

Turkey's new budget will save it from economic 'triangle of evil', Erdogan says

FILE PHOTO: Turkish President Tayyip Erdogan attends a news conference in Ankara, Turkey, August 14, 2018. REUTERS/Umit Bektas/File Photo

ANKARA (Reuters) - Turkey’s new budget will save it from the “triangle of evil” formed by inflation, interest rates and foreign exchange rates, President Tayyip Erdogan said on Tuesday.

Speaking to members of his AK Party in parliament, Erdogan also said Turkey would respond to attacks on its currency through GDP growth.

Reporting by Gulsen Solaker, Ece Toksabay and Tuvan Gumrukcu; Writing by Ali Kucukgocmen; Editing by David Dolan

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