He stated that investments are being directed toward unproductive sectors rather than value-added production areas.
Oflaz noted that investors are struggling under the pressure of high interest rates.
While the banking sector reports high profits, citizens face significant financial hardship due to rising taxes, price hikes, and low wages.
Debt Spiral and Economic Vulnerability Highlighting that increasing domestic and foreign borrowing has made the economy fragile, Oflaz said the country has entered a cycle where even debt payments are met through new borrowing.
He emphasized that a large portion of collected taxes is allocated to interest payments instead of production investments, which increases youth unemployment and deepens income inequality.
Production and Regional Development Oflaz stated that a permanent solution lies in structural reforms that will increase industrial production capacity.
He called for addressing regional economic imbalances, suggesting that completing the Southeastern Anatolia Project (GAP) and increasing investments in Anatolia could prevent internal migration.
He further emphasized the need to prioritize organized industrial zones and small industrial sites, arguing that incentives should be restructured to directly boost production, employment, and exports.
Technological Transformation and New Models According to Oflaz, the tax burden and input costs for entrepreneurs must be brought down to international standards.
He advocated for the widespread adoption of digital technologies, artificial intelligence, and advanced production techniques in industry.
Oflaz concluded by stating that value-added economic models, including specific industrial policies and clustering models based on provincial potential, must be implemented to ensure sustainable growth.
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Saadet Party Isparta Provincial Chairman Adem Oflaz Calls for Economic Reform
Saadet Party Isparta Provincial Chairman Adem Oflaz criticized current economic policies, stating that Turkey's recovery depends on production, employment, and structural reforms.
Sources
- Demokrat Gazetesi · baglanti