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Minister şimşek: The economy enters a positive cycle

July 28, 2025
in Business

Minister şimşek: The economy enters a positive cycle

The Finance Minister and the Ministry of Finance Mehmet Simsek, have a general evaluation of the economy.

Finance Minister and Finance Minister Mehmet Simsek, after the shocks faced the expectation of inflation improved, inflation continued to decrease, pointing out, “So when you look at the big picture, the shocks are well managed. He said. Every day, the total reserve is about 172 billion dollars. During this period, the country's risk premium (CDS) from 256S Simsek, ”is now 280. Most of the financial indicators you look at the data has returned in mid -March. Economy, there is a tightening in financial conditions. “We continue to spend spending discipline” Lightning, the growth continues to be moderate and the current account deficit by reporting that they do not undergo a significant decline, ”we continued to spend spending discipline. He said. “We have acted according to international standards” Şimşek shows that trade wars are a problem that reduces the risk cravings in itself and activates the sponsorship output from countries, and in addition, there is a war in the region. Şimşek said the oil price was more than $ 70 at the time and he made the following assessments: “All of these things are directly or indirectly affecting the development. What have we done? We have acted in a rules based on the rule. We are not scared. “The number of companies claiming concordat is below 3 thousand 100” Şimşek indicates that complaints from the real area and economic agents increased when the financial conditions were tightened and continued: “We are aware of this. But the decline of the real cash area. “We make a new decision on demand” The financial stabilization committee has evaluated the risk factors, according to him that they have taken the Simsek steps, intervened on demand and made a new decision, he said. Şimşek pointed out that the central bank explained the estimate for inflation, “24 % of the middle point, 29 % of the estimated scope. At the end of the year, we believe we will be in a place in the middle of the time of inflation and forecast. We are looking for inflation inflation for inflation and increase our country's purchasing power permanently.” Lightning, 35 %of the annual inflation at the end of the year, indicates in the late 20s, ”so under 30 %. Agriculture and drought if there may be food inflation in June may be less than 30 %. Currently 30.2 percent.” He said. Reminded that the headlock inflation is 35 %, şimşek pointed out that this item was very important compared to last year and half compared to 2022. Increasing housing ownership by reducing inflation permanently and increasing the supply of residential supply, he said: “I am trying to explain this, inflation is decreasing, in fact, there is a collapse of inflation, inflation is slowing down, the price of the price will increase the price of the price of 20 %. This year.

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