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Türkiye's economic board reiterated its commitment to fiscal discipline and economic stability during a high-level meeting in Ankara on Monday, emphasizing that the country’s economic fundamentals continue to strengthen despite persistent global uncertainty and regional instability.
The Economic Coordination Board (EKK), chaired by Vice President Cevdet Yilmaz, convened key policymakers, including Treasury and Finance Minister Mehmet Simsek, Central Bank Governor Fatih Karahan, and senior officials from various ministries and institutions.
According to a statement released after the meeting, the board reviewed the Medium-Term Program (OVP) for 2025–2027, underscoring the importance of aligning monetary, fiscal, and income policies to ensure sustainable macroeconomic balance.
The meeting also focused on improving spending efficiency and implementing government-wide savings measures.
Efforts to enhance fairness and efficiency in the tax system were addressed, alongside planned actions to tackle the informal economy through stricter enforcement and updated regulatory frameworks.
Participants highlighted continued support for rural development, particularly through initiatives targeting youth and women in agriculture.
These include low-interest credit, grants, and entrepreneurship programs. The expansion of technology-based farming projects and vocational training was also identified as a key priority.
The board evaluated the current status of market supervision, discussing ways to improve product safety standards and strengthen consumer protections.
Proposed regulations aim to enhance compliance in domestic and export markets, with attention to resolving enforcement issues.
The board also reviewed progress on structural reforms outlined in the medium-term program, agreeing on the need to accelerate implementation.
These reforms are seen as integral to the “Türkiye Century” vision, which aims to raise the share of high-value-added production, increase exports and support inclusive economic growth.
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