Nureddin Nebati, the Minister of Treasury and Finance, drew a reaction with the statements he made after TÜİK shared the inflation data. While Nebati stated that the exchange rate and interest problems were ‘overcome’, he explained that inflation was next and that there would be a decline ‘in line with expectations’ at the end of the year.
While the Turkish Statistical Institute (TÜİK) revealed that the inflation record of the last 20 years was broken with the data announced today, an interesting statement came from the Minister of Treasury and Finance Nureddin Nebati. Nabati, who made a statement after the TUIK data, statements on inflation. found.
In his statement on annual inflation of 61%, Nabati said, “Is it a problem, a problem, but we also removed it from the interest clamp. No transactions are made with interest rates above inflation, and steps are taken to pave the way for the business world with selective exchange rate policies in the banking sector. We have overcome the exchange rate and interestInflation is next.” he said. Nabati’s statements about inflation were as follows:
“Is it a problem, a problem, but we also removed it from the interest clamp”
“Inflation is over 60 percent right now, is it a problem, but we got it out of the interest clamp. No transactions are made with interest rates above inflation, and steps are taken to pave the way for the business world with selective exchange rate policies in the banking sector. What we need to do next is the elimination of the behavior disorder in prices, the improvement in macroeconomic indicators, and after the horizontal transition, we will enter a period where we will emerge from a more reasonable inflation spiral.
Steps that will change the behavioral tendency of individuals, which are the very important pillars of the fight against inflation, we are taking these steps, we will get rid of inertia, after the horizontal course At the end of the year, we will experience a fall in inflation in line with our expectations.
We will see together that inflation will reach a reasonable level at the end of the year. We will continue to protect our nation against the cost of living. Those who set their expectations on the fiction that inflation will rise even more, and businesses that apply exorbitant prices over this, are under our watch.
RELATED NEWS
LAST MINUTE: TURKSTAT Announces March Inflation Figures! First Since 2002…
“There were those who said that it would not be possible without increasing the interest, alhamdulillah, that’s ok too”
There were those who said, “We have overcome the exchange rate and interest, inflation is next. It cannot be done without increasing the interest rate, alhamdulillah, that’s okay. Together we will do what needs to be done about inflation.
There is an ease in every difficulty, we will overcome these difficulties, we will overcome these difficulties not with a clamor that we are dead, done, burned, not with those who do these things, but with those who believe in their country, business, homeland, society and determine their position in relation to this.”
Nabati’s statements garnered reactions on social media:
Minister Nabati’s statements garnered the reaction of many users on social media. Some of the shares on Twitter were as follows:
