Evaluating agreements signed between Türkiye and UAE, price round $51 billion, the Turkish treasury and finance minister stated that offers additional cemented ties between the 2 international locations.
“We are grateful for the UAE’s continued strong support for Türkiye and their confidence in our program,” Mehmet Şimşek stated on the UAE-Türkiye Business Forum, which was organized by Türkiye’s Foreign Economic Relations Board (DEIK) within the capital Abu Dhabi.
Mentioning Türkiye’s financial program, the minister stated it has three predominant pillars: “a sound monetary policy,” “fiscal discipline,” and “structural reforms.”
Türkiye goals to strengthen macroeconomic stability by means of credible rule-based insurance policies, he harassed, including, “We have already taken strong initial steps to improve public finances and to reduce persistent high inflation through a multi-pronged strategy.”
“In particular, the recent enhancements in the monetary policy framework is encouraging, we will continue to gradually tighten monetary policy to reduce inflation and current account deficit.”
The nation plans to unveil a structural reform agenda in September, together with its medium-term financial program, the minister stated.
Türkiye has huge potential, and the Turkish authorities’s dedication to tackling macroeconomic challenges will unlock this potential, Şimşek famous.
“Therefore, we would like you to be a part of this success story,” he harassed.
Şimşek stated: “It’s encouraging to listen to that our UAE counterparts imagine in our program.
“We have been working very closely in preparation for this summit, (and) we have already identified priority sector and mutually beneficial investment opportunities.”
Türkiye is open for business, he stated, including: “Our doors are open to you all on any matter that would help while doing business in Türkiye.”
He additionally thanked the UAE for its assist for the Türkiye’s earthquake aid efforts.
Source: www.anews.com.tr
