President Recep Tayyip Erdoğan addressed Tuesday the Contractors Association Award Ceremony held within the capital Ankara congratulating the 42 corporations that entered the 250 most distinguished worldwide corporations checklist of 2022.
“It is a great success for our contracting and consultancy companies to be included in the list with such high figures at a time when global crises are ravaging the whole world, including developed countries,” Erdoğan mentioned highlighting the potential of the sector.
Pointing out the choices undertaken within the financial agenda, Erdoğan mentioned: “We are implementing programs that will strengthen the macroeconomy. We are working hard to alleviate the cost of living issue. I believe that we will get a result on this matter in a short time.”
Since the May elections, President Erdoğan’s authorities orchestrated a U-turn away from insurance policies primarily based on rate of interest cuts that had been accompanied by a steep fall within the Turkish lira and hovering inflation. The naming of Mehmet Şimşek as economic system minister and Hafize Gaye Erken as central financial institution governor signaled a return to extra orthodox insurance policies, centered round financial stimulus and rate of interest hikes to fight inflation, stabilize the volatility within the Turkish lira and rebuild overseas trade reserves.
The nation can be planning to unveil a structural reform agenda in September, together with its new medium-term financial program (MTP).
“As in every field, I have no doubt that our country deserves much more than its potential in the contractor sector,” he additional mentioned, including that the infrastructure strikes that Türkiye has made in recent times have introduced “our contractors forward in the global competition.”
Conveying his gratitude for the contractors’ contribution to the event of Türkiye, he aimed for the sector to proceed its progress by endeavor extra large-scale and high quality tasks sooner or later. “I believe that as of next year, many more of our companies will be on these lists and represent our country,” he mentioned.
Source: www.dailysabah.com
