Vice President Yılmaz announced at the EKK meeting: 'Our structural reform efforts are continuing rapidly'

Vice President Cevdet Yılmaz chaired the EKK meeting held at the Presidential Complex.

It was announced that while monetary and fiscal policies aimed at combating inflation are being implemented effectively, structural reform efforts are also continuing rapidly.

STRUCTURAL REFORM STATEMENT

The topics discussed at today's EKK meeting were listed as follows:

“The latest status of the structural reform areas scheduled in the Medium-Term Program (OVP) covering the 2024-2026 period was addressed. In this context; concrete steps taken in all priority areas, from disaster management to green and digital transformation, from price stability to public finance, from the business and investment environment to high value-added production and exports, from energy to transportation, and from labor markets to the social security system, are progressing within the specified schedule. Significant progress has been made in all steps planned to be completed as of the first quarter of the year, which include reform-oriented regulations that, when implemented, will provide structural improvements in economic and social areas and contribute significantly to increasing our development speed; it is aimed to complete all of them by the end of the quarter with the steps to be taken by all relevant institutions in effective coordination.”

The statement noted that efforts to increase financial literacy, aimed at increasing the depth and efficiency of capital markets and directing resources to more productive areas, were shared with the Board members, and it was conveyed that these efforts aim to use individual savings more effectively and increase savings rates at the macro level.