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Simsek Says Price Stability a Prerequisite for Sustainable Growth

TURKEY
Simsek posted the following on X:
  • "We are determined to reduce inflation because price stability is a prerequisite for sustainable high growth. While investor confidence has increased with the policies we have implemented, our reserves have strengthened and our country risk premium has decreased."
  • "We are also determined to support investment, production and exports during the disinflation process."
  • "In this context, I have a particular request from our dear citizens; Please do not believe any news or gossip about our practices and policies that you have not heard from me."

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