Statement on Fund Crisis from Cevdet Yılmaz: A Temporary, Not Structural Issue

Serdar HocamAuthor & Editor

Vice President Cevdet Yılmaz evaluated the recent fund crisis at the TÜRKONFED Summit, emphasizing that the situation is not structural and that necessary measures have been taken.

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In his speech at the 27th TÜRKONFED Business World Summit held in Elazığ, Vice President Cevdet Yılmaz stated that the fund crisis experienced in recent days is a limited and temporary problem, and that there is no structural issue.

Evaluation at the Elazığ Summit

Speaking at the 27th Business World Summit organized by TÜRKONFED in Elazığ, Vice President Cevdet Yılmaz made important statements regarding the fund crisis on the agenda.

Emphasis on Temporary and Limited Problem

Stating that macroeconomic fundamentals are solid, Cevdet Yılmaz expressed that the difficulty experienced is a temporary problem that arose in a limited area of the capital markets.

Administrative and Judicial Measures Being Taken

Yılmaz stated that necessary administrative and judicial measures are being taken to overcome the issue in question, and that all relevant institutions are working in coordination.

Goal of Strong Capital Market

Stating that after overcoming this temporary problem, the capital markets will continue on their path even stronger than before, Yılmaz underlined that they are not facing a structural issue.