Statement from Minister Şimşek on MTP Targets and Pensions
Treasury and Finance Minister Mehmet Şimşek emphasized that the Medium-Term Program budget targets are being met and stated that alternative models are being worked on to support retirees' income levels.
During a live broadcast, Treasury and Finance Minister Mehmet Şimşek noted that the Medium-Term Program budget targets are being successfully maintained and the disinflation process is ongoing.
Medium-Term Program and Budget Targets
Treasury and Finance Minister Mehmet Şimşek made important evaluations regarding the Medium-Term Program during a live broadcast and stated that the budget targets are binding.
Stating that the perception that targets are not being met does not reflect reality, Şimşek emphasized that a better performance than targeted has been displayed in the ratio of the budget deficit to the national income.
Disinflation Process and External Factors
Pointing out that the disinflation process is not progressing at the desired speed, Minister Şimşek explained that external factors such as wars negatively affect inflation through commodity prices.
Underscoring that there is no change in the framework of the current economic policy, Şimşek stated that stability steps will be continued with determination.
Efforts to Support Retiree Incomes
It was conveyed that the government is working on alternative models and making preparations to raise and support the income level of retirees.
It was shared that Minister Mehmet Şimşek made a comprehensive presentation at the AK Party Central Decision and Executive Board (MKYK) meeting regarding pensions and possible support models.