3/25/2021

Turkey Unveils Economic Reform Action Plan

​Minister of Treasury and Finance Lütfi Elvan unveiled Turkey’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.

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

President Recep Tayyip Erdoğan heralded Turkey’s latest Economic Reform Package, the start of a new economic era in the country, on March 12.
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Lütfi Elvan; economic reform; action; plan; Recep Tayyip Erdoğan; Price Stability Committee