Economic Assessment and ITO Presidential Candidacy Announcement from Şekib Avdagiç
ITO President Avdagiç touched upon economic challenges during the October council meeting and announced that he is running for re-election in the elections on October 27.
Istanbul Chamber of Commerce President Şekib Avdagiç evaluated global and national economic developments in his speech at the Chamber's October council meeting and announced that he is running for the presidency again in the October 27 elections.
Candidacy for ITO Presidency Again
Stating that they are holding the final meeting of the 21st term of the Istanbul Chamber of Commerce Council, ITO President Şekib Avdagiç announced that he and his team have set out to run for the presidency again in the elections to be held on October 27.
Basic Challenges of the Turkish Economy
Avdagiç stated that the primary challenge of the Turkish economy in the final quarter of 2026 is not only to lower inflation, but also to resolutely preserve production, employment, and export capacity.
Financing and Credit Policies
Drawing attention to the slowdown in domestic demand, Avdagiç emphasized the importance of making selective credit mechanisms, export financing, and investment incentives complementary elements of monetary policy.
Fund Markets and Support for Minister Bolat
Stating that proactive measures in the fund market prevent systemic risks from forming, Avdagiç announced that he strongly condemns the black propaganda and lynching attempts carried out against Trade Minister Ömer Bolat.