Investor Confidence and the 2013 Benchmark Treasury and Finance Minister Mehmet Şimşek evaluated the growing foreign interest in the Turkish economy following his meetings in international financial centers.
Having met with nearly 800 investors in London, New York, and Hong Kong over a period of approximately 1.5 weeks, Şimşek stated that the current level of interest is the highest seen since 2013.
Şimşek noted that doubts regarding the continuity of the economic program have been eliminated, with investors now focusing on technical details and macroeconomic data.
Fiscal Discipline and Debt Indicators Highlighting that Turkey's debt ratios are highly advantageous compared to other emerging markets, Şimşek pointed out that the ratio of public debt to national income remains below 25%.
He noted that this ratio averages around 74% in similar countries.
The Minister emphasized that despite high-cost factors such as last year's earthquake disaster and the early retirement (EYT) regulation, the budget deficit to national income ratio stood at 2.9%.
Future Goals and Direct Investments Announcing plans to meet with real sector representatives in Japan in early March to encourage direct investments, Şimşek stated that Turkey is moving more confidently toward its growth and disinflation targets as global financial conditions improve.
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Minister Şimşek: Foreign Investor Interest at Highest Level Since 2013
Treasury and Finance Minister Mehmet Şimşek stated that international interest in Turkey's economic program has surged, driven by low public debt levels and a firm commitment to the disinflation process.
Sources
- Haber 7 · baglanti