Minister Şimşek: National income will reach 1.3 trillion dollars.

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Minister of Treasury and Finance Mehmet Şimşek stated regarding the 2024 economic data, "Although it may fall below our real growth forecasts, the national income in dollar terms will reach 1.3 trillion dollars. Employment increased by 843 thousand people. The unemployment rate continued its single-digit trend and will be more positive than our forecasts."

Minister of Treasury and Finance Mehmet Şimşek evaluated the year 2024 with a post on his social media account. Minister Şimşek noted that a rebalancing in the economy has occurred, stating, "Although it may fall below our real growth forecasts, the national income in dollar terms will reach 1.3 trillion dollars. Employment increased by 843 thousand people. The unemployment rate continued its single-digit trend and will be more positive than our forecasts."

"CURRENT ACCOUNT DEFICIT HAS RETURNED TO SUSTAINABLE LEVELS"

Şimşek explained that while exports maintained a resilient appearance, imports significantly declined, stating, "Tourism continued its strong performance. The current account deficit has returned to sustainable levels. It will occur well below our program forecasts."

"TURKEY'S INTERNATIONAL RESERVE POSITION HAS STRENGTHENED"

Emphasizing that Turkey's international reserve position has strengthened, Minister Şimşek stated that confidence in the Turkish lira has increased and that the Currency Protected Deposit has significantly decreased.