Free Trial

5-Year Development Plan Presented to Parliament

TURKEY
  • The 5-year Development Plan covering the years 2024-2028 was presented to Parliament, Ekonomi report. During the plan's period, it is aimed that the growth rate will be 5% annually on average, 5 million additional jobs will be provided and the unemployment rate will decrease to 7.5%.
  • In addition, it was emphasised that the Central Bank would continue to use all available tools to achieve the single-digit inflation target, and it was noted that the floating exchange rate regime would be maintained and financial stability would be ensured to support the economy by observing price stability.
  • In addition, a more understandable, open and transparent communication strategy will be followed in the fight against inflation, and expectations will be managed more effectively.
See the full plan (in Turkish) here.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.