Economic Coordination Council

The cabinet has been working on the Medium Term Program (MTP) for some time, and a roadmap for public sector savings has been developed.

Officials in Turkey forecast improvements in the country's current deficit and inflation rate thanks to measures that have been taken, the Turkish vice president said on Aug. 23. 

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Speaking during a meeting of the country's Economic Coordination Council, Fuat Oktay said coordination between institutions was a necessity for a stronger and resilient economy.

Turkey's new landmark economic reform package aims to attract delayed investments, the country's minister of treasury and finance said on March 16. 

"Global investments narrowed by over 40% in the pandemic period. We're facing delayed demand," Lütfi Elvan told Anadolu Agency's Editor's Desk in the capital Ankara.

Business representatives have expressed their appreciation for Turkey's new economic reform package aimed at boosting investment, production, jobs, and exports.

Turkey’s top economy management team met under the leadership of Deputy Prime Minister Ali Babacan to discuss pressing topics in the country’s economic agenda, including food prices and future economic plans.

According to a statement released by Babacan’s office on Sept. 9, Economic Coordination Council (EKK) members gathered on Sept. 8 to tackle the course of food markets.

Deputy Prime Minister Ali Babacan has called on top members of the country’s economy management to meet on Sept. 2 to discuss short- and medium-term policies amid lingering questions regarding the future of the Cabinet.