Turkish President Recep Tayyip Erdogan said that the new economic plan to adjust currency exchange rates in a way that suits the country’s economic reality has achieved its goal.
And in a video clip of President Erdogan: We did not announce a plan contrary to free financial markets, quite the contrary.
We are working on implementing our plan to banish interest lobbies and speculation and to walk the path of economic success
This came in a speech he delivered during his participation on Wednesday in the meeting of the Parliamentary Bloc of the “Justice and Development Party” in the Turkish Parliament.
Erdogan added: “The new plan that we announced yesterday to adjust currency exchange rates in a way that suits the country’s economic reality has achieved its goal.”
He stressed that his government is determined to protect citizens’ gains from inflationary pressures and exchange rate fluctuations.
He continued, “All citizens will be winners in the new economic plan, not just those who have deposits in banks.”
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He added that some parties sought to turn the fluctuations that occurred in the global economy in conjunction with the outbreak of the Corona epidemic, into a tool for increasing attacks against Turkey.
He stressed that the successive governments of the “Justice and Development” Party were able over the past years to reduce interest rates and inflation to the limits of 7 and 4.5 percent and that this government is also able to achieve this again.
Erdogan reiterated that Turkey is moving forward in achieving its desired goals for the year 2023, through a well-established and solid economic system.