Minister Muş announced: Export figures will be kept according to the city – Latest News
Trade Minister Mehmet Muş met with business people in Aksaray, where he came to make a series of visits and inspections. Addressing business people at the meeting held in Aksaray Chamber of Industry, Muş stated that the world is experiencing the highest inflation rates in the last 40 years. Minister Muş said:
“There is a period in the world economy after the 2008 financial crisis and until the pandemic. There is also this before the 2008 crisis. Therefore, the rate of increase in trade after the 2008 crisis remained very low compared to before 2008. With the pandemic, the whole world economy came to a standstill, and major economies tried to overcome this period with expansionary monetary policies. Then the world economies began to open up. Life began to return to normal, and when the postponed demands began to materialize, we experienced a picture with the highest inflation rates in the last 40 years in the world, when both the abundance of liquidity at that time and the investments that could not be made for 2 years and the postponed demand came. The increasing demand in the world economy after the pandemic started to slow down again, and as you can see, financial problems and financial crises began to occur in important banks in the world.
‘TURKISH ECONOMY IS GROWING’
Stating that the Turkish economy is growing, Minister Muş said, “Turkey left behind two years with a growth of 11 percent in 2021 and over 5 percent last year. Therefore, the Turkish economy is growing and has a dynamic structure. It will grow even more and grow its economy even more. Friends are making an effort to develop the OSB here. I will give my best support. Aksaray will attract new investments and this will become an important production base. We will continue this struggle in the coming period to strengthen our economic structure in order to grow Turkey,” he said.
‘EXPORT NUMBERS WILL BEGIN TO BE KEPT ACCORDING TO THE CITY OF PRODUCTION’
Minister Muş noted that the export figures will be kept in the city where the production takes place, instead of the city where the headquarters of the companies are located. Minister Muş said:
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“In all the provinces we visited, similar complaints were received in almost most provinces saying, ‘The factories are in one place, the company headquarters are in another, therefore the export figures are written in the place where those company headquarters are’. It came from here. Therefore, from the beginning of 2024, we will start keeping statistics by field of activity. Therefore, export figures will be kept according to the city where they are produced.
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The Turkish Trade Minister, Mehmet Muş, has stated that the world is currently experiencing the highest inflation rates of the last 40 years. He explained that after the 2008 financial crisis and until the pandemic, the rate of trade increase remained very low compared to before 2008. With the pandemic, the world economy came to a standstill, and major economies tried to overcome this period with expansionary monetary policies, which resulted in postponed demands and high inflation rates. However, the increasing demand in the world economy after the pandemic has started to slow down, and financial problems and crises have emerged in important banks around the world. Despite this, Muş has stressed Turkey’s economic growth, having achieved 11% growth in 2021 and over 5% growth last year. Muş also announced that from the beginning of 2024, export figures will be kept according to the city where the products are produced, instead of where the companies’ headquarters are located.
