Minister Şimşek's statement on the "Strait of Hormuz": Do not pay attention to speculations.

Minister Şimşek's statement on the

23.06.2025 10:01

The Minister of Treasury and Finance, Şimşek, stated, "In the event of the closure of the Strait of Hormuz, please do not pay attention to the speculations made about our economy based on scenarios. With our program, we have significantly increased the resilience of our economy against shocks."

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After the US struck three nuclear facilities with Tomahawk missiles, the Iranian parliament approved the closure of the Strait of Hormuz.

MINISTER ŞİMŞEK RESPONDS TO ALLEGATIONS

In response to claims that the closure of the Strait of Hormuz would create a major earthquake in the markets and negatively affect Turkey, Minister of Treasury and Finance Mehmet Şimşek did not delay in responding.

Minister Şimşek stated on his X account, "We are analyzing the effects of increasing geopolitical tensions on our economy in a multidimensional way and evaluating possible scenarios in detail."

"WE ARE TAKING NECESSARY MEASURES QUICKLY AND DECISIVELY"

Our institutions are ready to take the necessary measures quickly and decisively in strong coordination to maintain stability in the markets and the healthy functioning of our economy.

"WE HAVE INCREASED OUR ECONOMY'S RESILIENCE TO SHOCKS"

Please do not pay attention to speculations regarding our economy based on scenarios in the event of the closure of the Strait of Hormuz. With our program, we have significantly increased our economy's resilience to shocks. We are determined to fight inflation and will continue to take all necessary steps for the continuation of disinflation."

Minister Şimşek's statement on 'Strait of Hormuz': Do not pay attention to speculations


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