Turkish President Erdogan vows to tackle Inflation, promises economic relief measures

In a statement shared on X, Erdogan assured citizens of the administration's unwavering dedication to enhancing living standards across the nation.

"We are taking decisive steps to address the challenges of rising living costs. Our goal is to bring inflation down to single digits through prudent policies," Erdogan emphasized, outlining the government's comprehensive strategy for economic management.

While acknowledging the persistent inflationary pressures, particularly in essential sectors like food and services, Erdogan expressed confidence that annual inflation would see a decline in the upcoming months, particularly with the onset of summer.

Erdogan reiterated the government's resolve to execute cohesive monetary, fiscal, and income policies aimed at achieving economic objectives. Stressing the importance of sustainable solutions over short-term fixes or populist approaches, Erdogan underscored the administration's commitment to ensuring enduring prosperity for Türkiye's 85 million citizens.

"We have successfully navigated similar challenges in the past, and we will do so again with the grace of God," Erdogan affirmed, reflecting on past achievements and expressing optimism in the government's ability to overcome economic hurdles.

As Türkiye continues its efforts to stabilize the economy and address inflationary pressures, Erdogan's assurances seek to instill confidence and provide a clear direction for future economic policies. (ILKHA)