Critical statements from President Erdogan about the economy!

President Erdoğan is making statements about the economy after Mehmet Şimşek was appointed as the head of the economy administration after the election. Here are the highlights of the statements:

We accepted that our Minister of Treasury and Finance would take his steps quickly and easily with the Central Bank, and he expressed our determination to reduce inflation to a single digit.

At the minimum wage point, we will definitely not crush our workers against inflation again, we will do our best. Let our worker be comfortable and peaceful at this point.

Our banking sector is already strong, it’s all about making the financial management strong, let’s reduce the fall in inflation once again.

We will strive to strengthen our finance sector. We continue and will continue to seek resources in the finance sector.

Of course, some friends should not fall into the mistake of “Is the President going to make a serious change in interest rate policies”, I am the same here.

President Erdogan

(Premiership period) At that time, we worked with the theory of “low interest, low inflation”. Now I am working with the same understanding, I am of the same mind and I believe that we can achieve this in this way.

(EU membership) We have passed 50 years, the EU is still at the same point, we will discuss these matters on the table, we should also review this.

Among Erdogan’s statements, there were also messages about NATO and foreign policy:

(Sweden) Where is NATO’s counter-terrorism leg? After we have not dealt with this, we cannot get up and say ‘hand baby rose baby’ in Vilnius or something.

(Zangezur corridor) It is not a problem with Armenia, it is a problem with Iran. Iran’s behavior in this way upsets Azerbaijan and us.

(Foreign policy) It is not among our principles to distinguish between East and West. We are as close to the East as we are to the West.

President Recep Tayyip Erdoğan, in his statements to the members of the media after his visits to the TRNC and Azerbaijan, said, “In terms of the current thinking of our Minister of Treasury and Finance, of course, we have accepted that he will take the steps he will take here quickly and easily together with the Central Bank.”

President Recep Tayyip Erdoğan made evaluations on the economic agenda in his statement to the media members on the plane, upon his return from his visits to the Turkish Republic of Northern Cyprus and Azerbaijan.

Erdogan’s statements on the economic agenda are as follows:

“As in every period, there is no doubt that the economy still maintains its usual expectation of strengthening. So you can’t say let’s put the economy aside here. The first business of every country is the economy. And the next step to be taken here, especially the current duty of our Minister of Treasury and Finance, the change in the Central Bank and the step we have taken in the BRSA, as well as our Ministers who are related to the economy, from the Minister of Commerce to the Minister of Industry and Technology, to the defense industry, they are all related to this business. . Of course, transportation is important.

Food, agriculture, animal husbandry is one of the most important steps. Because they are trying to shoot us over it. We will continue all our work in infrastructure and superstructure without paying any premium to them. Regarding these issues, we will of course strive to strengthen our finance sector.

We continue and will continue to seek resources in the financial sector. We do not have a problem with our banks. Our banking sector is already strong. But the whole point is now let’s make the financial management stronger, and by making the financial management stronger, let’s reduce the fall in inflation once again…

Of course, some friends should not fall into the error of “Is the President going to make a serious change in interest policy”. I am the same here. But at the point of our Treasury and Finance Minister’s current thinking, we of course accepted him to take the steps to be taken here quickly and easily together with the Central Bank, we said “good luck” and in this way, we also declared our determination to reduce inflation to a single digit. On what basis do we say this? As you know, during my prime ministry, when we reduced (inflation) to single digits, the interest rate was 4.6 and inflation was 6.2. At that time, of course, we did these things together, and now we have told these things to our Minister, and we should do it together in the same way. At that time, we worked with the theory of “low interest, low inflation”. Now I am working with the same understanding, I am of the same mind and I believe that we can achieve this in this way.

When it comes to the minimum wage issue, we will definitely not crush our workers against inflation at the minimum wage point. We will do our best to earn the minimum wage. Let our worker be comfortable and peaceful at this point. We are currently working on it, hopefully we will make a decision as soon as possible. The step regarding the salaries of civil servants will be taken in the negotiations in July.

Hafize Hanım knew Mehmet Bey and he brought this offer to me. You know, I believe in the staff movement. So I came on a mission; what am i doing, i’m coming with my staff; that is, I choose my fellow ministers, I examine them and not only that, if there are some different names, I also work on them and accordingly I form my cabinet. While forming this cabinet, all my fellow ministers have brought their deputy ministers before me, and after I took those deputy ministers from them, I also conducted a study on them with intelligence. What is it like, what is it, what is it, etc… And also at home and abroad… If he is abroad, who is he, what is he, what is he like”, we are investigating all of these. Of course, unfortunately, there are very strange attacks. You look at these attacks, oh my Lord, what are they making up?

Of course, we have passed through the eye of the needle, we do not swallow them much, but we work, we do. And they conveyed the success of this brother to us, they said. In other words, they said these situations, from Goldman Sachs to their work in the banking and finance sector there. And we thought we should have a female manager at the Central Bank. We took this step for the better. Of course, we told him our expectations as well. And I hope that with these steps, both our Minister of Treasury and Finance and the President of the Central Bank will not embarrass us and I think that we will get good results with good results.

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