8,885.00 TRY BIST 100 BIST 100
4.87 CNY CNY CNY
34.34 USD USD USD
37.42 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
44.67 TRY Interest Interest
74.45 USD Fossil Oil Fossil Oil
32.79 USD Silver Silver
4.44 USD Copper Copper
102.49 USD Iron Ore Iron Ore
374.00 USD Shipbreaking Scrap Shipbreaking Scrap
3,023.12 TRY Gold (gr) Gold (gr)

We aim for growth of over 4% this year

Ömer Bolat, stating that this year the national income will exceed 1 trillion dollars and that the goals for growth are progressing very well, expressed a growth rate target of over 4%.

We aim for growth of over 4% this year

Trade Minister Ömer Bolat stated that they are responsible for making regulations to ensure fair, stable, and competitive market operations, saying, "While doing this, we are also responsible for inspection. We carry out these inspections with our teams. The more the market improves and operates in an organized manner, the happier we are, and our workload decreases in that sense." Minister Bolat participated in the 14th Economic Evaluation Meeting organized by the Anatolian Lions Businessmen Association (ASKON) at the association's headquarters. Bolat noted that they strive to find common sense, solutions, and produce solutions based on feedback and consultations taken from the business world at the grassroots level.

Stating that exports have declined globally but Turkey has managed to protect its exports despite the earthquake, Bolat said, "We are proactive in terms of imports. We are actively following a policy against informal imports that harm our domestic and national industrial production, employment, and foreign exchange reserves. We will continue to follow. We have only one interest. That is for our country's economy to be strong, not to be harmed, and for the prosperity of our people not to be harmed."

Bolat emphasized the importance of market supervision and regulations in trade, stating that Turkey has the fastest and most modern customs in the world. Indicating that the Ministry of Trade is an important ministry that concerns all sectors, Bolat said, "Trade chambers, industrial chambers, craftsmen's chambers, cooperatives are within our jurisdiction through sectoral regulations and regulations. We are responsible for making regulations to ensure fair, stable, and competitive market operations. While doing this, we are also responsible for inspection. We carry out these inspections with our teams. The more the market improves and operates in an organized manner, the happier we are, and our workload decreases in that sense. If there is chaos and fluctuations in the markets and manipulation and speculation activities, we are also responsible for intervening in them in the strongest way."

"We are making great efforts to increase vocational high schools" Stating that they are making great efforts to increase vocational high schools, vocational schools, and apprenticeship schools, Bolat said, "You complain that you cannot find workers, you cannot find qualified personnel to work, these complaints will decrease over time with this effort."

Bolat said, "In the new era, the European Union is in a constructive and positive trend with Turkey in terms of economy and trade. We also show the same will. We are trying to resolve some of the problems within the Customs Union. Our relations with Islamic countries are at an excellent level. Gulf countries are making a very serious effort in terms of investment and trade in Turkey. We also make the same effort."

"Developed economies are in a serious struggle with inflation"

ASKON President Orhan Aydın also mentioned the inflation problems in developed countries in the global markets. Aydın stated that global pandemics, geopolitical tensions, natural disasters, and wars make it difficult to create predictable policies. He said, "In this context, we can see that developed economies are in a serious struggle with inflation globally, and in this context, we can see that they are resorting to savings measures and seeking solutions. Moreover, we can say that there is a decrease in confidence in the economy and employment in these countries. In addition to all these, we can state that the Ukraine-Russia war and climate change pose risks in the food sector, and the Israel-Palestine tension poses risks in the energy sector."

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Treasury and Finance Minister Şimşek evaluated foreign trade data

Sunday, November 3, 2024

IMF: EU slowdown, US strength

Friday, October 25, 2024

Germany considers new economic plan

Friday, October 25, 2024

World Bank finances Türkiye $1.9 billion for 4 projects

Wednesday, October 23, 2024

Ministry of Energy and Natural Resources aims to increase the use of domestic resources in electricity generation

Sunday, October 20, 2024
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now