Yılmaz highlights Türkiye's economic resilience, outlines inflation strategy

Turkish Vice President Cevdet Yılmaz delivered a comprehensive speech on economic achievements and plans to address inflation during an iftar dinner in Elazığ.
Despite recent challenges, including earthquakes, Yılmaz emphasized the Turkish economy's resilience, noting a growth rate of 4.5 percent even after the earthquake last February.
Exports played a crucial role in this success, reaching $256 billion, while tourism revenue surpassed $54 billion, showcasing Türkiye's appeal to international visitors.
Yılmaz addressed concerns about the budget deficit, assuring the public that it had been reduced to 5.2 percent from an anticipated 10 percent.
Celebrating a milestone in employment, Yılmaz announced that over 32 million individuals were employed by the end of last year, highlighting the government's commitment to job creation.
However, Yılmaz acknowledged the challenge of inflation, outlining plans to address it. He projected significant decreases in inflation starting from June and July, aiming to reach around 15 percent by 2025 and single-digit figures by 2026.
Yılmaz credited President Erdogan's strong leadership for these positive economic forecasts and stressed the government's systematic approach to achieving stability. (ILKHA)
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