Turkey is committed to implementing economic reforms, the country’s treasury and finance minister told EU envoys on Friday.
Lutfi Elvan told Anadolu Agency that Turkey will stress how determined it is to implement the economic reforms.
Elvan made a presentation to the ambassadors and representatives of the EU member states about the “economic reforms” announced by President Recep Tayyip Erdogan on March 12.
President Recep Tayyip Erdoğan last month outlined a series of measures that he said would boost the country’s economy, as he pledged to bring inflation back down to single digits.
Under the package, Erdoğan said he would focus efforts to reform Turkey’s economy on bringing down inflation and tightening state finances as well as increasing the country’s potential growth through productivity driven by investment, employment and exports.
He also announced plans to set up coordination committees on prices, financial stability and the economy to navigate the changes.
Erdoğan has said the priority would be fighting against the rise in consumer prices, with the aim of reaching single-digit inflation.