Treasury and Finance Minister Mehmet Şimşek, who made contacts in the US last week, said, “Our New York contacts were very productive, our negotiations with investment banks for the financing of development,” he said.
Bloomberght and Habertürk’un participating in the joint publication of the Minister Simsek, New York investors’ economic program was asked whether the last political developments are resistant to whether it was resistant, he said. He said that the most talked about issue was global uncertainty due to commercial tariffs.
Minister Şimşek said that political support to the program is quite high and that they will do whatever it takes. Minister Simsek, inflation is the most important priorities, he said.
The prominent of the statements of Minister Şimşek is as follows;
“Inside and outside developments are reflected in the reserves. Türkiye is less dependent on external demand for growth. Although temporarily growth slows down, our mid-long maturity growth perspective is strong.
We may be more affected by the fund exit, and when the partnership is subjected to, Türkiye will have very serious advantages. Inflation will remain in the CBRT’s target path.
There is a limited deterioration in inflation expectations, there is a limited depreciation of the lira. But the decrease in oil prices is disinfectedist. The tightening financial conditions will be inflation, and the exchange rate passage will be weak because the demand is weak.
There is a risk of temporary slowing in growth, but we will not watch it, but most importantly, what we will do is disinFlationist. “
There is no need for any changes in the program, we will support the investment leg very strongly. It is a priority for us to reduce Türkiye’s dependence on outside energy. We will continue the discipline of expenditure strongly. We are pressing the brake in expenditures, we will look at how we shift it to more productive areas.
This program is a program that will attract global investment through structural transformation, we have no effort to take Carry Trade. “
Europe needs Türkiye. Türkiye will probably enter the top 10 in world defense industry exports this year.
We had efficient meetings with the managers of leading technology companies of the USA. We need to perform digital transformation. We want to increase the trade volume with the US to $ 100 billion, we establish the infrastructure.
With the new US administration, our dialogue is very strong. Syria, Ukraine and Libya will be rebuilt, Türkiye will play a dominant role. Türk Telekom’s 20 -year period will end next year, we will extend this period, but the investment in the extension of the period will be one of the important conditions.
Reserves
One of our program priorities was reserve accumulation, and we succeeded in this. Türkiye has taken a lot of distance in reserves, even in today’s form we are fine. Türkiye has taken a lot of distance in reserves, even in today’s form we are fine. Of course, there is a reserve loss, we did not accumulate these reserves by giving the current surplus, we have achieved them with a large extent portfolio preferences. Reserves serve as a buffer, if you have a monetary policy, if there is an improvement in external balance, then different competences can be discussed at the reserve point.
58 percent of reserve losses are outdated. Reserve losses stopped. For the first time, household was not interested in the reserve output due to confidence. The exchange rate is not an area we are involved in as a government, but they work very well, including the Central Bank. I believe that direct investments will increase. There is no question mark about the program. We do not see a problem with disinflation, conditions require a significant process of dryly managed by the CBRT.
The subject of the Central Bank of the Central Bank of Banknote, which is larger than 200 TL, cannot make an assessment.
I have met with development banks, the next 3 years of over 40 billion dollars, 10 years or more low -term opportunities will be provided.
473 thousand taxpayers made a declaration for the first time this year, the number of declarations increased to more than 6 million. I will meet with the revenue administration, if necessary, we can extend the declaration period perhaps 1-2 days if necessary. “
