Cevdet Yılmaz: We will separate investors from manipulators and operate judicial processes

Vice President Cevdet Yılmaz presented the 2027 Central Government Budget Law Proposal at the TBMM Plan and Budget Committee. Touching upon the issues experienced in the investment fund market, Yılmaz stated that necessary administrative and judicial processes are being meticulously implemented without confusing the investor with the manipulator.

Yılmaz stated that the fundamental bases of the budget are the protection of fiscal discipline, efficiency in public expenditures, and supporting the disinflation process. Stating that the Turkish economy grew by 2.5 percent in the first half of 2026, Yılmaz announced that the growth target for 2027 is 4.2 percent. Noting that annual consumer inflation declined to 29.7 percent as of September 2026, Yılmaz stated that the end-2027 target is 21 percent.

Speaking on developments in financial markets, Yılmaz stated that problems in investment funds occurred in a limited area of the system and liquidation processes have been initiated to prevent the spread of risk. It was announced that 2026 budget expenditures are projected at 19 trillion 660 billion liras, while 2027 budget expenditures are projected at 27 trillion 276 billion liras.