Professional Documents
Culture Documents
Budgeting In Turkey - 1
(Trkiyede Bteleme - 1)
www.ingilizceniz.net
Turkey is a member of the OECD which joined the organisation at its creation in 1960.
Since then there has been remarkable economic progress in the country, but this
development has been accompanied by many shocks and upheavals. These convulsions
originated sometimes in external economic circumstances, such as the oil crises of the
1970s and the Russian default of 1998, but more often in internal economic and political
circumstances.
Since the 1960s, Turkey has gone through many political and economic crises with
severe repercussions on the management of public finance. The latest crisis occurred in
2001 and resulted in a very difficult economic situation.
Since then a positive development has begun which has led to rapid economic growth
and enormous improvements in public finance management.
O zamandan beri, hzl ekonomik bymeye ve kamu mali ynetiminde ok byk ilerlemeye
gtren olumlu bir gelime balamtr.
Vocabulary
Convulsion: Sarslma
Repercussion: Yansma
Enormous: ok byk