Inflation and growth message from Minister Elvan

Treasury and Finance Minister Lütfi Elvan spoke during his meeting with the business community in Kocaeli.

In his speech, Minister Elvan stressed that they expect growth of over 8% this year and that their priority is to fight inflation.

“We cannot ignore the risk that inflation will be more permanent than expected,” Elvan said.

The titles of Minister Elvan’s statements are as follows:

“As a ministry, we strive to be on the side of those who bring production and jobs to life, and those who turn the wheels of the economy. We will continue to stand by our fellow citizens with all our resources so that life returns to its normal course and wounds are healed, as we did during fires and floods.

” WE ARE EXPECTING GROWTH OF MORE THAN 8 PERCENT ”

In the absence of an external shock from the epidemic, we expect growth of more than 8% for 2021.

MESSAGE TO FIGHT INFLATION

We are true to our goal of keeping the ratio of central government budget deficit to national income at 3.5%, and there is no hesitation in this regard. Our top priority is to reverse the trend of inflation as soon as possible. The inflation trend will decrease in the last quarter of the year.

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