Ankara — Turkish growth is likely to miss government forecasts this year and next as uncertainty about emergency rule after July’s failed coup and an expected spring referendum on constitutional change delay investment decisions, officials said on Monday. Four senior government officials said official growth forecasts for 2016 and 2017 of 3.2% and 4.4% respectively now looked almost impossible to achieve, against a backdrop of political turbulence at home and in the region. Growth in the third quarter may come in at zero or turn negative, meaning the figure for 2016 as a whole is likely to be around 2.8%, the officials said, short of a forecast which the government has already revised down once this year. "In my opinion, people are looking at the political conditions, not the economic conditions," one of the officials said, speaking on condition of anonymity because the government’s official forecasts remain unchanged. "Emergency rule is a big concern for foreign investors. It has c...
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