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Cevdet Yılmaz: Next year, we will not talk about inflation.

Cevdet Yılmaz: Next year, we will not talk about inflation.

19.12.2024 18:20

The Vice President Cevdet Yılmaz sent a message of determination in the fight against inflation. Yılmaz stated, "At this time next year, we will not be talking about inflation as much as we do today."

At the "Turkmedia Finance Summit" held at the Istanbul Finance Center, Vice President Cevdet Yılmaz, Istanbul Governor Davut Gül, Halkbank General Manager Osman Arslan, Turkish Media Board Chairman Zeki Yeşildağ, relevant executives, and many guests attended.

"A COUNTRY WITH AMBITIONS IN ITS REGION AND GLOBALLY"

Speaking at the summit, Vice President Cevdet Yılmaz emphasized that Turkey is a country with ambitions in its region and on a global scale, stating, "Turkey is not an ordinary country; it is a country that is the current heir of a deep-rooted civilization in the world. Turkey is a country with ambitions in its region and globally. Economic policies must be updated according to the needs of the period we are going through and must be addressed dynamically and implemented. We are one of the countries least affected by the pandemic in terms of growth. Despite serious economic problems in Europe and the EU, we managed to increase our exports during a period when growth was almost around zero, and we reduced our current account deficit." he said.

"NEXT YEAR WE WON'T TALK ABOUT INFLATION AS MUCH AS TODAY"

Stating that the most important issue is inflation, Yılmaz said, "As a government, we always say this: whatever our citizens' priority is, that is our priority too. Whatever our citizens are complaining about, if they say there is a problem, that is our fundamental issue. We have prioritized the fight against inflation. On one hand, we are healing the wounds of the earthquake we experienced last year, on the other hand, we are trying to maintain our growth in a balanced way, and on the other hand, we are in a determined fight against inflation. There has been a 28-point decrease in the inflation rate from June to today. We expect this action to continue in the upcoming period. At this time next year, we won't be talking about inflation as much as we do today. We are targeting single-digit figures for 2026 and beyond. We aim to reunite Turkey with single-digit figures. Therefore, with 2026, Turkey will enter a period of permanent price stability," he expressed.



 
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