Economic Statements and Project Extension Following Cabinet Meeting

Following the Cabinet meeting, President Recep Tayyip Erdoğan evaluated the latest developments in the economy. Giving a message of determination in the fight against inflation, Erdoğan touched upon the increases in oil prices and announced that the duration of the 'Half is From Us' campaign has been extended.

Economic Developments and Global Impacts

Following the Cabinet meeting, President Recep Tayyip Erdoğan touched upon current developments in the field of economy. He stated that global increases in oil prices will continue to be challenging.

Expressing that the crisis centered in Iran and the situation in the Strait of Hormuz are felt in Turkey as well as all over the world, he noted that oil prices have seen historic levels in many countries, including the US.

Emphasis on Exports and MTP

Expressing satisfaction with the momentum caught in exports, President Erdoğan made evaluations regarding the newly announced Medium Term Program (MTP).

He stated that policies aimed at strengthening the services sector, especially agriculture, industry, and tourism, and increasing high-technology-based production will be maintained.

Determination in the Fight Against Inflation

Emphasizing that the determined stance in the fight against inflation will continue uninterruptedly, Erdoğan stated that permanent solutions will be produced for the structural problems of the economy.

He shared with the public that steps aiming to increase the welfare of the nation will continue to be taken with determination.

Duration of the 'Half is From Us' Campaign Extended

The duration of the 'Half is From Us' campaign, which was planned to end at the end of the year, has been extended. President Erdoğan announced that the project will continue until December 31, 2027.

It was conveyed that thanks to this campaign, it is aimed to reunite two million citizens in Istanbul with their safe homes and that this right will be benefited from next year as well.