The Turkish Economic Coordination Council announced that the macroeconomic goal in the next stage is to reduce the inflation rate to the single digits again in the country.
This came in a statement issued by the council on Wednesday, after a meeting chaired by Turkish Vice President Cevdet Yilmaz, at the presidential complex in the capital, Ankara.
The statement added that, following the council meeting last June, measures were taken in terms of strengthening financial discipline, balancing internal demand, reducing the current account deficit, strengthening monetary reserves, and combating inflation.
-Advertisement-
It stressed that the macroeconomic goal in the next stage is to reduce the inflation rate to the single digits again in the country.
The statement also stressed that the financial gains resulting from strengthening financial policies based on the concepts of discipline and saving will be harnessed to enhance the prosperity and well-being of the citizen.
And the “economic coordination” pledged to continue the approach based on maintaining the ratio of the budget deficit to the national income in line with European Union standards, with the exception of expenditures related to combating the effects of the earthquake last February.
