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

Speaking at the 27th TÜRKONFED Business Summit held in Elazığ, Vice President Cevdet Yılmaz stated that the recently discussed fund crisis is a temporary issue arising in a limited area of the capital markets and does not contain structural problems.

Statements at the Summit

Important economic evaluations were made during the 27th TÜRKONFED Business Summit held in the city of Elazığ.

Nature of the Fund Crisis

Vice President Cevdet Yılmaz stated that the fund crisis discussed in recent days does not encompass the entire capital markets and is observed in a limited area.

Non-Structural Issue

Expressing that the difficulty experienced does not have a structural nature and is entirely a temporary situation, officials noted that the markets in general are based on solid foundations.

Measures Taken

It was reported that all necessary administrative and judicial steps have been taken to resolve this problem emerging in the markets, and these processes will be pursued with determination.