Highlights.

The article offers news briefs of Turkey. The gross domestic product (GDP) is expected to decline in 2012 to 3.5 percent from 8.5 percent in 2011. The central government budget, which covers most of the public sector, recorded a deficit of 6.4 billion Turkish Lira (TL) in the first quarter of 2012. The Turkish government adopts a new investment incentive regime which will provide progressively more generous incentives in less-developed provinces.