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Erdogan spoke about the country's development program for the next 3 years

Erdogan spoke about the country's development program for the next 3 years

September 7, 2023

Turkish President Recep Tayyip Erdogan made a statement about the country's development plans for the near future. At the beginning of the speech, he mentioned the earthquake that shook the country's economy and affected more than 14 million people in total. Despite this, the country's economy still managed to show a growth of 3.9%, the president said. Here are the main theses of his speech:

Our goal is to create a stronger, safer and more prosperous Turkey. We have prioritized reform steps in 7 major areas, from economic growth and trade to price and financial stability, from disaster management to public finance. With the support of tight monetary policy, we will bring inflation back down to acceptable levels and improve the current account balance.

Over the 3-year period, we aim to stabilize the economy and achieve 4.5% growth. For the first time in our history, we aim to join the ranks of countries with an economy of more than $1.3 trillion and a high income level of $14,855 per capita.

Within 3 years, we intend to increase employment by an average of 909 thousand people per year and significantly reduce unemployment.

We will increase our exports to over 300 billion dollars and tourism revenues to 70 billion dollars.

We are planning to implement a program of gas hubs in the country as soon as possible, which will make Turkey one of the world's energy centers.

We are increasing investments in agriculture, participating in the creation of new greenhouses and in the reconstruction of existing ones. Only in Sochi this year we exported 500 thousand tons of tomatoes, which demonstrates the high level of development of this industry.

We will increase the availability of housing through the development of social housing projects.

We will ensure the inflow of foreign currency into our country by providing consulting services in the financial sphere and in the field of finance.

Work continues on the project for the implementation of the digital lira. The dates for the launch of the digital lira will be announced in the near future.

 

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