In the statement made after the Economy Coordination Board (EKK) meeting, “In line with the Medium Term Program targets, in line with the program calendar, we are implementing structural reforms that increase production capacity and competitiveness, improve the business and investment environment, and support diversity in exports.” The expression was used.
An EKK meeting was held under the chairmanship of Vice President Cevdet Yılmaz.
The meeting at the Presidential Complex was attended by Minister of Labor and Social Security Vedat Işıkhan, Minister of Industry and Technology Mehmet Fatih Kacır, Minister of Agriculture and Forestry İbrahim Yumaklı, Minister of Commerce Ömer Bolat, AK Party Group Chairman Abdullah Güler, Deputy Chairman of the AK Party Mustafa Elitaş, Deputy Chairman of the AK Party Nihat Zeybekci and Ahmet Baha Öğütken, Presidential Strategy and Budget Chairman İbrahim Şenel, Minister of Treasury and Finance. Deputy Ministers İsmail İlhan Hatipoğlu and Osman Çelik, Deputy Minister of Labor and Social Security Faruk Özçelik, Deputy Minister of Energy and Natural Resources Zafer Demircan, Deputy Minister of Internal Affairs Mehmet Cangir, Deputy Minister of Industry and Technology Zekeriya Çoştu, Deputy Minister of Agriculture and Forestry Ahmet Bağcı, Deputy Minister of Trade Özgür Volkan Ağar, Presidential Investment and Finance Office President Burak Dağlıoğlu, General Manager of Turkey Wealth Fund Salim Arda Ermut, General Manager of Istanbul Financial Center Ahmet Bağcı. İhsan Erdem attended.
In the written statement made after the meeting, it was stated that with the implemented program, macroeconomic fundamentals were strengthened and the economy gained a structure that was more durable, competitive and able to quickly adapt to changes in global conditions.
The following evaluations were included in the statement:
“Despite the multiple shocks experienced, Turkey has maintained its uninterrupted growth for 23 quarters, while the unemployment rate has remained at single-digit levels. While the budget balance follows a course consistent with the program target, our country’s risk premium CDS has approached pre-war levels. Rising energy prices due to the impact of geopolitical developments put pressure on inflation and the current account balance. In order to limit the reflections of these effects on our economy, the necessary measures are implemented in a timely and effective manner with the cooperation of our relevant institutions.”
It was emphasized that in this period when uncertainties and geopolitical risks in the global economy are increasing and technological transformation is accelerating, Türkiye is in an advantageous position to take advantage of the emerging opportunities, thanks to strong macroeconomic fundamentals and flexible and diversified policies.
“In line with the Medium-Term Program targets, in line with the program calendar, we are implementing structural reforms that increase production capacity and competitiveness, improve the business and investment environment, and support diversity in exports,” the statement said, and it was reported that work in the fields of green and digital transformation, which accelerates the transformation in the industry, strengthens the R&D, innovation and technology-oriented production ecosystem, continues.
In the current conjuncture where investment competition is intensifying on a global scale, the statement emphasized that simplifying bureaucratic processes, facilitating access to qualified workforce, activating work permits and establishing a predictable investment environment are of great importance. “In this context, it is aimed to gradually spread the ‘One Stop Office’ model, which was implemented in the Istanbul Financial Center, throughout the country in order to provide faster and more effective service to investors within the framework of the ‘Strong Center Program for Investments in the Turkey Century’.” information was shared.
In the statement, the following was noted regarding the main issues discussed at the EKK meeting:
“The current status of the MTP (2026-28) structural reform actions were evaluated, and additional steps to accelerate the work were discussed. Developments in the labor market were evaluated, and policies for activating the employment of foreign labor force and work permit processes in the areas of need were discussed. The stage reached in the ‘One Stop Office’ application was evaluated, and the steps to be taken to effectively put into operation the mechanisms that will provide investors with single-point access to permits, licenses and other administrative processes were determined. It will permanently increase our competitiveness and increase our competitiveness in global value chains “We will continue to resolutely pursue policies that will further our position.”
