Turkey’s Finance Minister Simsek Predicts Stable Growth and Continued Disinflation in 2025

Turkish Finance Minister Mehmet Simsek announced on Thursday that Turkey is on track to maintain a moderate economic growth trajectory in 2025, comparable to the performance seen in 2024. Simsek also emphasized that the country’s disinflation trend is expected to continue, driven by tight monetary policies and supportive fiscal measures.

Speaking before the Turkish parliament’s planning and budget commission, Simsek highlighted that Turkey’s economic activity remains steady. The government projects a balanced outlook for 2025, with inflation expected to ease further thanks to disciplined monetary policy and targeted fiscal support.

Simsek further revealed that several key reform proposals will soon be brought before parliament, including changes to public procurement processes, governance reforms for state-owned enterprises, and updated financial regulations for local governments.

These initiatives are part of Turkey’s broader efforts to sustain economic stability, promote transparency, and reduce vulnerabilities amid a shifting global economic landscape.

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