President Erdoğan spoke at the AK Party TBMM Group Meeting

 

Addressing AK Party’s parliamentary group meeting, President Erdoğan said: “We believe that we have left behind the worst scenario regarding inflation. It will inshallah decrease in a more perceivable manner from now on. We will definitely lower inflation to our target levels by the end of the year.”

President and Justice and Development (AK) Party Chairman Recep Tayyip Erdoğan made a speech at the party's parliamentary group meeting.

Stating that they have started to see the positive results of the Medium Term Programme in economy, President Erdoğan said: “We believe that we have left behind the worst scenario regarding inflation. It will inshallah decrease in a more perceivable manner from now on. The balloon of prices inflated by the excessive greed of profiting is deflating in some sectors. We see that acts of pricing have started to become coherent with market realities. This balancing will further strengthen and continue in the period ahead. We will definitely lower inflation to our target levels by the end of the year. That the main actors in the market acknowledge this is a proof of the solidity of our roadmap in economy. Credit rating agencies have also recently made more objective assessments on the Turkish economy. Moody’s upgrade of our credit rating by two points last week was the latest example of this.”