Turkish Ministry Of Treasury To Announce New Economic Measure Tonight

Turkish Finance Minister Nureddin Nabati has revealed that the Turkish Ministry of the Treasury is set to announce new measures to address inflation, the exchange rate, and economic management this evening.

• Nabati: "Our principles of indispensable free market conditions are deliberately questioned."
• Nabati "The series of steps we will take within the framework of the Turkish Economic Model will be shared with the public as of this evening."
• The Ministry statement reads: "We have no doubt that we will successfully overcome this process with the policies we have implemented despite this troubled period."
• The Treasury Ministry per Bloomberg: “Some circles are recklessly using every opportunity to question whether Turkish economy is a free market economy and whether its exchange regime is liberal; deliberately speculating that Turkey will implement extraordinary measures in an attempt to question our indispensable free market principles.”