Minister Şimşek on Tax Hikes and Economic Policies: "Not on Our Agenda"

Tax Increases and Fiscal Discipline Treasury and Finance Minister Mehmet Şimşek shared critical evaluations regarding the economic agenda during a recent program.
Addressing public curiosity about tax regulations, Şimşek stated clearly that there is currently no work being conducted on corporate tax or VAT increases, and that new tax hikes are not on the government's agenda.
Investor Interest and Credit Rating Evaluation Drawing attention to the decline in Turkey's Credit Default Swaps (CDS), Minister Şimşek expressed that the country's current credit rating does not fully reflect its economic indicators and deserves a higher level.
He noted that during investor meetings held in London, New York, and Hong Kong in January, they met with approximately 800 representatives.
Şimşek emphasized that foreign investor interest in Turkey has reached its most significant level since 2013.
Disinflation Process and Sectoral Goals Stating that the number of countries with a strong economic story globally is limited, Şimşek noted that the disinflation process in Turkey is continuing as planned and that growth maintains its resilient structure.
Improving financing conditions and supporting exporters are among the priority targets.
The Minister also touched upon the strategic importance of the agricultural sector, regulations regarding the Wholesale Market Law, and the expected decrease in rent inflation alongside an increase in housing supply.
Macroeconomic Effects of Energy Prices Evaluating developments in energy markets, Şimşek pointed to the pressure of geopolitical uncertainties on oil prices.