Treasury and Finance Minister Mehmet Şimşek evaluated the 3.8 percent growth figure in the second quarter of this year in his social media account.
Emphasizing that strong growth continued despite all the difficulties such as weak global growth, shrinking global trade, tight financial conditions and earthquake, Şimşek said, “We have provided employment for over half a million in the last 12 months. However, net exports have reduced growth by 6.3 points. It reveals that normalization in monetary policy and fiscal discipline are essential for the need for rebalancing. Despite the difficult conditions, real growth is expected to be above 4 percent in 2023. That is, approximately 1.4 times the global growth rate.” made its assessment.
Şimşek noted that their short-term priorities are macro-financial stability and more balanced growth.