• Salah Abdullah Al-attar - Editor-in-Chief

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The Turkish President: "Our economic program has proven its resilience to shocks."..

Turkish President Recep Tayyip Erdogan stated today that Turkey's economic program has once again demonstrated its resilience to shocks, economic misinformation campaigns, and deliberate market manipulation.

The remarks came during his address at the 28th Ordinary General Assembly of the Turkish Industrialists and Businessmen Association (MÜSİAD) in Istanbul.

Key Economic Achievements:

  • Erdogan noted that the economic management team has been implementing the program on rational foundations for two years

  • The program has strengthened Turkey's capacity to withstand external shocks

  • It has achieved macroeconomic stability

  • Established a solid foundation for permanent and sustainable growth

  • Made significant progress in combating inflation (declining for 11 consecutive months)

  • April's inflation rate (37.86%) marked a 40-month low

On Recent Challenges:
"We have successfully navigated the fluctuations witnessed in the last month and a half," Erdogan said, "once again proving our program's resilience to shocks and attempts at economic deception and market manipulation."

Government Resolve:
The President emphasized that the government possesses:

  • A clear plan and program

  • Necessary expertise and determination

  • The capability to "steer the ship to safe harbor"

Working Method:
"We continue working calmly and patiently," Erdogan added, "unaffected by daily crises. Our decisions are based on careful, rational assessments of all pros and cons."

Context:
The statement comes as Turkey implements its economic program focusing on stability, growth, and relieving citizens from high living costs – the program's primary objective.