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Minister Nebati: We have drawn our route, we continue on our way with sure steps

Nureddin Nebati, Minister of Treasury and Finance, made an assessment on the economy. Minister Nebati said, «Our route is right, our way is clear. The decrease in inflation becomes permanent with production, exports and employment.»

Treasury and Finance Minister Nureddin Nebati announced that the Turkish Economy Model continues on its course. Posting a message on Twitter, Nebati said, «Our route is right, our way is clear. The decline in inflation becomes permanent with production, exports and employment.»

Minister Nabati’s statements are as follows:

We have drawn our route with the Turkish Economy Model, and we continue on our way with sure steps. We maintain an understanding that prioritizes services that bring foreign currency to our economy, especially tourism, and exports. Despite the earthquake disasters on 6 February, our current account balance was in line with expectations. Excluding gold and energy, the current account gave a surplus of 834 million dollars. As of March 2023, the annual export of our economy reached 255.7 billion dollars. We work, we produce, we export. In this way, our employment increases and unemployment decreases. After the global epidemic, 6.4 million of our people joined employment. We have reached 31 million 460 thousand people in employment. In February, when the earthquakes took place, youth unemployment decreased by 0.7 points compared to the previous month and fell to 19.2 percent. In summary, our route is right, our way is clear. The decline in inflation becomes permanent with production, exports and employment.



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This news has been translated by google translate.

Source Link: CNN/Hürriyet

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Artificial intelligence has reinterpreted this news for you.

Turkish Treasury and Finance Minister Nureddin Nebati stated that the Turkish Economy Model continues to move forward, adding that the decrease in inflation will become permanent with production, exports, and employment. Nebati also highlighted that Turkey has prioritized services that bring foreign currency to its economy, such as tourism and exports. Despite the earthquake disasters in February 2023, the current account balance was in line with expectations, excluding gold and energy. The annual export of Turkey’s economy reached 255.7 billion dollars as of March 2023. Additionally, employment has increased, and unemployment has decreased since 6.4 million people have joined employment in the aftermath of the global epidemic.

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