Turkey’s Erdogan targets inflation, state finances in economic reform plan

Turkey’s Erdogan targets inflation, state finances in economic reform plan

ISTANBUL (Reuters) – President Tayyip Erdogan said he would focus efforts to reform Turkey’s economy on bringing down double-digit inflation and tightening state finances, under a keenly awaited package he unveiled on Friday.

Turkish President Tayyip Erdogan speaks during a meeting to announce an economic reform package, in Istanbul, Turkey March 12, 2021. REUTERS/Murad Sezer

Erdogan, whose has led a major emerging economy prone to booms and busts for 18 years and repeatedly declared his opposition to high interest rates, announced plans to set up price, financial stability and economic coordination committees to steer the changes through.

“An agenda point…

Read More from www.reuters.com

The best source of news - newszf.com
Logo
Compare items
  • Total (0)
Compare
0