TÜSİAD: “The need to declare a program for enhancing reputation is high”

TÜSİAD High Advisory Board (HAB) Chairman Tuncay Özilhan stated that they have shared their observations and recommendations with the Minister of Treasury and Finance, Mehmet Şimşek, and said, “We expect the program to contribute to macroeconomic stability. It is necessary to declare a program of high reputation.”

Tuncay Özilhan, the Chairman of the High Advisory Council of the Turkish Industrialists’ and Businessmen’s Association (TÜSİAD), emphasized the need for comprehensive reforms to address the current account deficit issue. He highlighted that ensuring macroeconomic stability is crucial in increasing production and investment.

Following his meeting with the Minister of Treasury and Finance, Mehmet Şimşek, Özilhan shared his observations and recommendations during the TÜSİAD High Advisory Council meeting. He stated, “We have shared our observations and recommendations with Şimşek. We expect the program to contribute to macroeconomic stability.”

Özilhan emphasized the need to bolster the reserves of the Central Bank in the event of capital inflows from abroad. He underlined that combating inflation and maintaining trust in the Turkish Lira should be the top priority. He stated, “The fight against inflation and confidence in the Turkish Lira should be the primary focus. The way to combat inflation is not by increasing the value of the Turkish Lira.”

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