Treasury and Finance Minister Mehmet Simsek said, “We have removed the reserve issue from being a concern, we have removed the current account deficit from being a concern. According to the international definition, we have exceeded one in reserve adequacy, that is, we have achieved reserve adequacy.”
Minister of Treasury and Finance Mehmet Simsek met with business people at the “From Our Essence to the Future for Kırıkkale” program within the scope of “Türkiye Meetings” held in Kırıkkale Organized Industrial Zone. Making important statements about the Medium Term Program, Simsek stated that they aim to reduce inflation to single digits by the end of 2026, and emphasized that they have recorded great decreases in the budget deficit and current account deficit.
Source: IHA