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Finance Minister Nebati Reiterates Pledge To Single-Digit Rates

TURKEY
  • Turkey will take steps to deliver single-digit interest rates demanded by President Recep Tayyip Erdogan, Treasury and Finance Minister Nureddin Nebati says in interview with CNNTurk television.
  • Turkey’s new economic model refuses belief that policy interest rate should be higher than inflation to curb price increases.
  • Additionally, Nebati has said that Turkey’s minimum wage raise to be higher than inflation (BBG)

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