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Türkiye's Finance Minister Stresses Disinflation Amid Global Challenges

4/18/2025

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Summary

Story summary

Türkiye's Treasury and Finance Minister Mehmet Simsek reaffirmed commitment to the disinflation program amid global economic challenges.
Inflation has decreased for 10 consecutive months, targeting single-digit rates and structural reforms.
Simsek highlighted Türkiye's trade resilience, with 62% of exports directed to free trade agreement partners.
He cautioned that ongoing trade wars may reduce global growth to below 3%.

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Story summary

Türkiye's Treasury and Finance Minister Mehmet Simsek reaffirmed commitment to the disinflation program amid global economic challenges.
Inflation has decreased for 10 consecutive months, targeting single-digit rates and structural reforms.
Simsek highlighted Türkiye's trade resilience, with 62% of exports directed to free trade agreement partners.
He cautioned that ongoing trade wars may reduce global growth to below 3%.