Turkey released three years of economic planning to promote growth and inflation

Xinhua News Agency, Ankara, September 4 (Reporter Xiong Sihao) The Turkish government announced the economic planning of 2023-2025 on the 4th. It will continue to adhere to low interest rate policies, give priority to production, growth and exports, strive for stable exchange rates, reduce inflation, achieve frequent account surplus surplus surplus Essence

According to this plan, Turkey's economic growth targets in 2023, 2024 and 2025 are 5%, 5.5%, and 5.5%respectively; the inflation rate is expected to be 65%this year, and the plans of 2023, 2024 and 2025 will be reduced to 24.9%, respectively , 13.8%and 9.9%; the unemployment rate is expected to be 10.8%this year, and the plans of 2023, 2024, and 2025 will be reduced to 10.4%, 9.9%, and 9.6%, respectively. Dollar.

Since the beginning of this year, the inflation rate of Turkey has been operating high at a high level, and the July consumer price index rose 79.6%over the same period last year. Nevertheless, Turkey adheres to the low interest rate policy to help the economy recover from the impact of the new crown epidemic.

From September to December last year, the Turkish central bank continued to cut interest rates, and the benchmark interest rate was reduced by 500 basis points. This year, after the main interest rate for seven consecutive months, the Ministry of Turkey announced in August that it announced that it would reduce interest rates to 100 basis points to 13%.

At present, issues such as high inflation, high foreign debt, and high -frequency account deficit in Turkey's economic operation have been further prominent, which has aroused concerns about the economic prospects of Turkey.

[Editor in charge: Liu Xiaodong]

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