YENİ Party Member Özgür Karabat Critiques Economic Management
Özgür Karabat criticized high interest rates and inflation rates, questioning the call for patience from citizens with the new Medium-Term Program.
YENİ Party member Özgür Karabat drew attention to high interest rates and inflation rates in the Turkish economy, criticizing the current economic management. Karabat stated that the policy interest rate is 37 percent, annual inflation is 31.51 percent, industrial production has declined, and the foreign trade deficit has reached 65.8 billion dollars.
Criticisms of Economic Policies
YENİ Party member Özgür Karabat evaluated the current picture in the Turkish economy and drew attention to the negative effects of high interest rates and inflation rates on citizens and producers.
Interest Rates and Inflation Rates
Karabat emphasized that the policy interest rate is at the level of 37 percent and annual inflation is proceeding at a rate of 31.51 percent, stating that targets have been missed.
Industrial Production and Foreign Trade Deficit
Stating that industrial production has declined, Karabat reported that imports grew faster than exports in the first eight months of 2026 and the foreign trade deficit reached 65.8 billion dollars.
New MTP and Call for Patience
Criticizing the renewed call for patience from citizens along with the new Medium-Term Program, Karabat expressed that the outcomes of the pursued economic policies must be seriously questioned.