Şekip Avdagiç

Business leaders have voiced support for the measures announced by the government aimed at reining in spending and boosting efficiency in the public sector, saying that the package will contribute to the fight against inflation.

The savings package was unveiled by Vice President Cevdet Yılmaz and Finance Minister Mehmet Şimşek on May 13.

Türkiye aims to increase its services export revenues to at least $110 billion this year, Trade Minister Ömer Bolat has said.

Last year, Türkiye's share in global services exports climbed to an all-time high of 1.3 percent. The global services exports increased by 9 percent in 2023 to $7.8 trillion, while Türkiye's services export revenues amounted to $100.8 billion.