2023-06-23 14:15:22
Last updated Friday 23 June 2023
Turkish Minister of Treasury and Finance, Mehmet Simsek, announced today, Friday, that the Turkish government, led by President Recep Tayyip Erdogan, is determined to achieve financial stability in the short term.
According to Turkey Now’s follow-up, Simsek said that the current government’s new economic policy aims to achieve financial stability and price stability in the country.
The Turkish minister stressed that the government is working hard to achieve these goals in the short period, and pointed out that this stage began with the Central Bank’s statement issued last Thursday, and this stage will continue to be managed firmly and gradually.
It is noteworthy that the Central Bank of Turkey decided to raise the interest rate from 8.5% to 15% in the first meeting of the monetary committee of the bank headed by Hafiza Ghaya Arkan within the framework of the new economic policy of the Turkish government, and this trend reflects the government’s commitment to achieving financial and economic stability in the country.
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