We will bring inflation down to single digits again, just like we did in the past
Cumhurbaşkanı Yardımcısı Cevdet Yılmaz was interviewed on TRT Haber and answered questions regarding the economy, inflation, and government policies. Here are some key points from his statements:
**Post-Election Economy:**
Yılmaz emphasized that Turkey is entering a crucial period with no elections for the next 4 years, providing an opportunity for focusing on long-term plans and goals. He mentioned the importance of the Turkey Vision, shared by all citizens, and the need to work towards achieving these goals.
He highlighted the positive economic indicators, such as a 4.5% growth rate, exceeding 1 trillion dollars in economic size, and improvements in exports and tourism. Yılmaz also mentioned the successful budget performance and the reduction in current account deficit.
**Inflation Battle:**
Yılmaz discussed the government’s efforts in fighting inflation, stating that the recent improvements in economic indicators have provided a strong foundation for this battle. He mentioned that inflation rates are expected to decrease in the coming months, with a significant drop anticipated in the second half of the year.
He emphasized the government’s commitment to tackling inflation comprehensively through monetary policies, fiscal policies, and structural reforms. Yılmaz also spoke about the ongoing efforts to combat price gouging and unfair practices in the market.
**Public Sector Savings:**
Yılmaz highlighted the importance of public sector savings in the overall fight against inflation. He mentioned that a comprehensive strategy involving monetary policies, fiscal policies, and structural reforms is essential for addressing economic challenges effectively.
He discussed the government’s focus on reducing budget deficits, improving public finances, and increasing efficiency in public spending. Yılmaz also mentioned the ongoing efforts to monitor and control expenditures in the public sector to ensure effective resource allocation.
**Restrictions on Exports to Israel:**
Yılmaz addressed the government’s decision to impose restrictions on exports to Israel, citing humanitarian concerns and solidarity with Palestine. He emphasized Turkey’s commitment to international law and justice in its diplomatic actions and trade policies.
He mentioned the importance of regional cooperation and the significance of economic ties with Iraq. Yılmaz discussed the “Development Road” project as a key initiative to promote regional development and enhance economic growth.
**Gabar Oil Contribution to Current Account:**
Yılmaz highlighted the discovery of oil reserves in Gabar as a positive development that would contribute to Turkey’s energy security and reduce the current account deficit. He emphasized the government’s efforts to diversify energy sources and increase domestic resource exploration to strengthen the country’s financial stability.
Overall, Cevdet Yılmaz’s remarks underscored the government’s commitment to economic stability, inflation control, public sector efficiency, and regional cooperation for sustainable growth and development.
