Vice President optimistic about inflation control by mid-2025

Turkish Vice President Cevdet Yılmaz expresses confidence in Türkiye’s economic recovery and anticipates improvements in inflation by June 2025

Speaking at an iftar program in Elazig on Saturday, Turkish Vice President Cevdet Yılmaz expressed confidence in the country’s economic recovery, highlighting anticipated improvements in inflation by June 2025.

Addressing citizens before the iftar, Yılmaz underscored the nation’s political stability, attributing it to the foresight and sagacity of the people. “For the first time, we surpassed the trillion-dollar mark in our economy,” he remarked, reflecting on recent electoral outcomes and the ensuing political trajectory.

Yılmaz commended the populace for their discernment and steadfastness, asserting that the government swiftly formulated plans upon assuming power. “We crafted our plans and programs in this political stability environment,” he affirmed, emphasizing the government’s relentless dedication to its objectives.

Referring to last year’s seismic events, particularly earthquakes that affected 11 provinces and 14 million people, Yılmaz acknowledged the economic resilience amidst adversity. Despite the challenges, the economy recorded a growth rate of 4.5% following the February tremors.

“Our national income exceeded $1 trillion for the first time, reaching $1.119 trillion,” Yılmaz stated proudly, marking a historic milestone for Türkiye’s economic stature. He further lauded the efforts in managing budget deficits and curbing unemployment, citing a single-digit figure as evidence of progress.

Yılmaz acknowledged lingering concerns over price stability and inflation, affirming the government’s prioritization of these issues. “We are resolutely implementing our plans and programs to address inflation,” he declared, acknowledging the shared burden with the citizens.

Source: Newsroom