Turkey to unveil economic measures against coronavirus

Country more prepared, cautious than ever regarding possible global turbulence, says finance minister

By Tuba Sahin

ANKARA (AA) - Turkey will unveil measures to reduce economic impact of coronavirus outbreak this week, treasury and finance minister said on Monday.

"President Recep Tayyip Erdogan will announce steps to be taken this week," Berat Albayrak said on Twitter.

Albayrak stressed that the country prioritized being prepared for the effects of coronavirus outbreak on the economy.

Turkey has taken measures to prevent markets from failing in access to liquidity due to the virus, he underlined.

"Turkey is more prepared, cautious than ever regarding possible global turbulence," Albayrak noted.

After emerging in Wuhan, China last December, the novel strain of coronavirus known as COVID-19 has spread to at least 146 countries and territories.

The global death toll is now over 5,700, with more than 153,000 confirmed cases, according to the World Health Organization, which has declared the outbreak a global pandemic.

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