Erdoğan: We have broken the back of inflation, and we will also eliminate its effects.


President Recep Tayyip Erdoğan, in statements to the media upon his return from Uzbekistan, also made evaluations regarding the economic agenda.

Erdoğan said, “We are determined in the fight against inflation, a problem that also occupies the global agenda. We have broken the back of inflation, and we will also erase its effects in the coming period. We have always said that we will not let inflation crush our workers and retirees, and thankfully, we have kept our promise. We have granted an unprecedented increase in the minimum wage in the history of the republic. We have increased the pensions of our retirees and developed solutions that will further ease their lives, and we will implement them very soon. As you know, we planned to make the 5,000 lira bonuses to ease our retirees in the short term within this month. With the measures we have taken and the payments we will make, we stood by our retirees and workers, and we will continue to do so in the future. As for the minimum wage, you know it has its own schedule. We had relieved our workers with an interim raise, and now I believe that by bringing together the labor and employer sectors, we will find the most reasonable solution.”

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