Türkiye Unveils Economic Reform Action Plan

​Minister of Treasury and Finance Lütfi Elvan unveiled Türkiye’s Economic Reform Action Plan, which contains several measures under 10 main titles including; public finance, price stability, financial sector, current deficit, employment, corporate governance, investment incentives, easing internal trade, competitiveness and market surveillance.

Accordingly, some deadlines in the Action Plan included the establishment of; Price Stability Committee, Financial Stability Committee and Economic Coordination Committee by June 2021, Health Industries Directorate and Software-Hardware Industries Directorate by December 2021.

Türkiye is planning to implement the entire calendar until March 2023.

President Recep Tayyip Erdoğan heralded Türkiye’s latest Economic Reform Package, the start of a new economic era in the country, on March 12.
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