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Turkish officials, businesspeople discuss reform agenda

by DAILY SABAH WITH AA

ISTANBUL Dec 04, 2020 - 1:38 pm GMT+3
Treasury and Finance Minister Lütfi Elvan (5th from R) and Justice Minister Abdulhamit Gül (5th from L) meet with leaders of the Independent Industrialists and Businessmen’s Association (MÜSIAD), Ankara, Turkey, Dec. 4, 2020. (AA Photo)
Treasury and Finance Minister Lütfi Elvan (5th from R) and Justice Minister Abdulhamit Gül (5th from L) meet with leaders of the Independent Industrialists and Businessmen’s Association (MÜSIAD), Ankara, Turkey, Dec. 4, 2020. (AA Photo)
by DAILY SABAH WITH AA Dec 04, 2020 1:38 pm
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Central Bank of the Republic of Türkiye (CBRT) Governor Şahap Kavcıoğlu speaks during an assembly meeting of the Ankara Chamber of Industry, in Ankara, Türkiye, March 29, 2023. (AA Photo)

Policy framework has power to lower inflation: CBRT chief

Turkish-economy

Working on an ambitious slate of economic and legal reforms, top Turkish officials on Friday continued meetings with key business leaders.

Treasury and Finance Minister Lütfi Elvan and Justice Minister Abdulhamit Gül came together with leaders of the Independent Industrialists and Businessmen’s Association (MÜSIAD).

"Views of the business world will have an important contribution to the regulations we will make," Elvan said on his Twitter account following the meeting that lasted 2.5 hours.

Abdurrahman Kaan, the head of MÜSIAD, and top ministry officials attended the closed-door meeting.

During the meeting, the MÜSIAD delegation presented a report on their expectations and suggestions.

The discussions follow recent pledges by President Recep Tayyip Erdoğan for a new economic approach as he announced the government would launch comprehensive reforms in the economy and judiciary.

Erdoğan said the country would undertake reforms on investment, production, export and employment in the days to come.

He stressed that they would shortly finalize a human rights action plan with measures to boost trust.

Last week top government officials met with members of the Turkish Industrialists and Businessmen Association (TÜSIAD) and Turkish Union of Chambers and Commodity Exchanges (TOBB).

Elvan and Gül were also accompanied by Industry and Technology Minister Mustafa Varank, Forestry and Agriculture Minister Bekir Pakdemirli and Trade Minister Ruhsar Pekcan.

After the meeting, TÜSIAD head Simon Kaslowski said, “We are very pleased that solutions in the field of economy and the law in our country are being handled in a constructive environment of consultation.”

“We think reforms in these areas will be very important in terms of the investment climate and an environment of trust,” he added.

Rifat Hisarciklioğlu, the TOBB chairperson, said, "I believe that we will solve economic problems through dialogue and consultation."

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Central Bank of the Republic of Türkiye (CBRT) Governor Şahap Kavcıoğlu speaks during an assembly meeting of the Ankara Chamber of Industry, in Ankara, Türkiye, March 29, 2023. (AA Photo)

Policy framework has power to lower inflation: CBRT chief

Turkish-economy
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