Treasury and Finance Minister Berat Albayrak addressed approximately 6,100 international investors is a conference call, answered questions on the priorities of Turkiye's economy with short, medium and the steps to be taken in the long term.

"With new macro-prudential measures and tight fiscal policy, we will achieve more sustainable growth," Albayrak said. "We instructed all our ministers for an ambitious saving program."

In a bid to support the government's commitment to fiscal discipline, he announced that the government will see certain expenditure cuts and the revenue side was showing a positive performance. He added that the Treasury and Finance Ministry expects a TL 6 billion primary surplus for the end of this year.

Turkey will come out of the current currency volatility stronger, adding that the Turkish banking sector is healthy and strong.

According to Albayrak, the Cabinet will not hesitate to provide support to the banking sector, which is capable of managing current volatility, and there has not been a major deposit flow from banks lately.

"The monetary policies and fiscal policies need to be coordinated and balanced, we will not compromise the fiscal discipline, we will prioritize structural reforms, fiscal discipline will be one of the most fundamental anomies of our economy, we are moving to a very serious policy of saving," he said. (ILKHA)