10.06.2025 10:30
The Minister of Treasury and Finance, Mehmet Şimşek, stated that despite global economic challenges, Turkey is implementing a strong program, saying, "We have left the most difficult period behind us." Emphasizing that a permanent solution to access to finance is possible through disinflation, Minister Şimşek expressed that sustainable production cannot be achieved without price stability.
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Minister of Treasury and Finance Mehmet Şimşek provided a comprehensive assessment to Dünya newspaper regarding the global and Turkish economy. As the first half of the year comes to a close, Minister Şimşek shared both the current economic situation and future expectations, emphasizing that the prevailing conjuncture is quite challenging.
"GROWTH IN THE EU ECONOMY..."
Pointing out that the European countries, which are Turkey's main export markets, are going through a difficult period, Minister Şimşek stated, "While the EU economy grew by an average of 1.7% in the post-global crisis period, this rate has declined to 0.8% in the last two years. The manufacturing industry is lagging significantly behind the service sector."
"WE HAVE LEFT THE MOST CHALLENGING PERIOD BEHIND"
Emphasizing that Turkey is implementing a strong economic program in a challenging global environment, Minister Şimşek said, "This program has also proven its resilience against all internal and external shocks experienced. Today, we have left the most challenging period behind."
"PRICE STABILITY IS ESSENTIAL FOR COMPETITIVE PRODUCTION"
Minister Şimşek noted that the permanent solution to access to finance lies in achieving disinflation, stating that significant progress has been made regarding price stability. He added, "Price stability is essential for the qualified, sustainable, and competitive production that our industrialists desire."
"WE STAND BY THOSE WHO PROVIDE EMPLOYMENT"
Stating that the implemented program supports investment, production, employment, and exports, Şimşek said, "We stand by those who produce, who invest, and who provide employment. Because we wholeheartedly believe in Turkey's potential."
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