Publication Details The 2027-2029 Mid-Term Program (MTP) was published in the Official Gazette's duplicate issue by the Ministry of Treasury and Finance and the Presidential Strategy and Budget Office.
The release announced the economic goals and policies for the 2027-2029 period to the public.
Economic Targets 2026 growth forecast: 3.3% 2027 growth target: 4.2% 2028 growth target: 4.6% 2029 growth target: 5.0% 2026 budget deficit/GDP ratio: 3.1% 2029 budget deficit/GDP ratio: 2.8% 2026 unemployment rate: 8.1% 2027 unemployment target: 8.0% 2028 unemployment target: 7.8% 2029 unemployment target: 7.6% Exports: 2026 $282bn, 2027 $292bn, 2028 $302.5bn, 2029 $316bn Imports: 2026 $387bn, 2027 $397bn, 2028 $411bn, 2029 $426bn Strategic Priorities Strengthen macroeconomic and financial stability Maintain fiscal discipline Achieve lasting price stability in the medium term Increase productivity Develop R&D and innovation capacity Strengthen human capital Accelerate green and digital transformation Improve labor market efficiency Enhance investment environment Reduce informal economy Implementation Plan Policies and measures to be implemented in the first year of the program will be detailed in the 2027 Presidential Annual Program.
The MTP adopts macroeconomic and financial stability as its core priority in line with the 2024-2028 Development Plan objectives.
2027-2029 Mid-Term Program Published in Official Gazette
The 2027-2029 Mid-Term Program (MTP) prepared by the Ministry of Treasury and Finance and the Presidential Strategy and Budget Office was published in the Official Gazette, outlining Turkey's economic targets and strategic priorities for the period.
Sources
- Bloomberght · baglanti