2023-06-24 03:34:49
Turkish Minister of Treasury and Finance Mehmet Simsek confirmed that the government is determined to achieve financial stability in the short term, following the central bank’s decision to raise the interest rate.
Simsek stressed that “our economic policies aim to ensure price stability and achieve financial stability in the short term, and we are determined to achieve these goals,” adding: “This is a stage that began with the Central Bank’s statement on Thursday. This stage will be managed firmly and gradually.”
He pointed out that “our economic policy, which we will follow in the next stage, will revolve around 3 concepts, which are stability, trust and sustainability. Our main vision will be to ensure that 85 million citizens, and our future generations, live in a more prosperous manner in peace and security, and to build an economic environment that allows individuals and society as a whole to reach to happiness
He stressed that sustainable growth is an indispensable condition for prosperity and development, adding: “Sustainable growth will be achieved through investment and employment growth on the one hand and productivity growth on the other hand. The most important determinant of investment and employment decisions is predictability.”
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