Payment Process for Problematic Fund Investors and Minister Şimşek's Evaluations

Treasury and Finance Minister Mehmet Şimşek stated that institutions are working in coordination regarding problematic funds and announced that steps are being taken to make payments to investors as soon as possible and at the highest level.

Coordination and Payment Steps

Treasury and Finance Minister Mehmet Şimşek stated that institutions are meticulously continuing their work regarding problematic funds in coordination. It was reported that the necessary steps are being taken to make payments to investors in the shortest possible time and at the highest level.

Judicial Process and Protection of Rights

It was stated that the Ministry of Justice is resolutely carrying out the legal process in order to protect the investors' rights and ensure that those responsible are held accountable.

Economic Resilience and Indicators

It was emphasized that the economy maintains its resilience despite challenging global conditions and war. It was conveyed that growth is approximately twice that of trading partners and the ratio of the current account deficit to national income stands at 2.6 percent.

External Financing and Debt Status

It was stated that the ratio of gross external financing need to gross domestic product is at the level of 16 percent, and the ratio of gross external debt to national income is at 32 percent, which is below the long-term average.

Budget and Public Debt

It was noted that the ratio of the budget deficit to national income is approximately 3 percent, which is half of the developing countries' average, and the ratio of public debt to GDP is at the level of 22 percent.

Future of Capital Markets

It was stated that thanks to the strengthened macroeconomic fundamentals, the effects of the developments on the financial system and the real economy will remain limited, and capital markets will attain a more resilient structure with the measures taken.