Finance Minister and Finance Minister Mehmet Simsek, the United Arab Emirates in the city of Dubai 2025 World Government Summit (WGS 2025) “The emergence of several economic blocks” spoke at the meeting.
Şimşek says that the global soil is in a complex state and said that appropriate guidelines and structural transformations are the best way to make durability.
Şimşek said that Turkey may be more permanent against the divisions of world trade, “because of 62 percent of our trade with the parties a free trade agreement and 80 percent of the European Union, Central Asia and the Middle East and North make Africa. I think we are fragile “, he said.
“We are in the process of disinflation that falls inflation”
Şimşek noted that Turkey is an economic program that covers 3 years and that the program is on the way.
“We offer budget discipline, we are in the disinfection process. Inflation falls. We talk about the composition of strict monetary policy, financial policy and a broad agenda for structural reform.
“The Turkish lira is one of the currencies that do well”
Minister of Finance and Finance Minister Şimşek On the question of the performance of the Turkish Lira against the dollar, the nominal weakening of the Lira due to high inflation is understandable if we look at the really effective exchange rate, the Lira was actually one of the currencies that cut off because they Disinflation programs are evaluated to a certain degree and this situation was also in the lira, ”he said.
The current external balance of Türkiye is good news that Şimşek has the information that the rate of the current account deficit has dropped to 0.6 percent.
Şimşek said that reserve accumulation has risen by about $ 126 billion in the past 1.5 years and that many buffers against shocks were created in business.
In the question of the effects of the US customs duties on Turkey, Şimşek said that Turkey should not be “headlines” due to the US tariffs, since we are already exposed to high customs tasks by the United States. If we look at ourselves for the past 20 years, we do not have the necessary criteria to be subject to the high customs tasks of the United States.
“Regional integration is an important meaning”
Minister Şimşek said that the membership process continues despite the lack of political will in the EU and that it is still fully integrated into many other organizations, including the customs union, the European and NATO.
In a crushed world, Turkey will invest in regional integration and that this is the interests of the country.
“For this reason, we want to conclude a free trade agreement with the Gulf Cooperation Council (Kik) and want Syria to stabilize. We have good relationships with Russia, but Europe is our main partner. Despite some political doubts, our relationships with our relationships are strictly.
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