Turkey will become the world's 10th largest economy by 2023, a top Turkish official declared yesterday. Ministry for Industry and Trade Zafer Çağlayan said, "Our goal is to list Turkey among the top 10 economies in the world by 2023, when we celebrate the 100th anniversary of the establishment of the republic."

Addressing a group of party members over the weekend, Çağlayan noted the changes Turkey was experiencing in all sectors, saying: "Just five years ago, we were the 26th largest economy in the world. Now we've jumped to 17th place." He went on to say that the transition did not come easily, citing "a lack of structural reforms and mismanagement in the economy" as major factors preventing Turkey's growth in the past.