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Berat Albayrak, Minister of Finance and Finance in Buenos Aires, Argentina, has been in close contact with his foreign counterparts in the field of economic diplomacy in the context of G20 Finance Ministers and Central Bank Presidents . Olaf Scholz, Minister of Economy and Finance Bruno Le Maire, Chinese Minister of Finance Liu Kun, Brazilian Minister of Finance Eduardo Guardia, South Korea DongYeon Kim, Minister of Strategy and Finance, Pierre Moscovici and Steven Munchin Albayrak spoke at a meeting titled "Global Economic Risks". "As long as we do not take the necessary precautions, protectionist measures will have negative effects on productivity and global prosperity," said Albayrak.
Albayrak gave the following messages:
NEGLIGENT ACTORS: Above all; protective measures will have negative effects on productivity and global prosperity if we do not take the necessary measures. In the short term, the current account balance, the level of production and the volume of exports will deteriorate. New areas of activity will be limited. We believe that it will continue to open markets and free trade policies at the center of our efforts.
TURKISH GROWTH CONTINUES :. The Turkish economy continues its strong growth momentum. Our economic fundamentals will be strong and our prospects are promising. I would like to remind you that the policy of the near future has been based on the maintenance of prudent fiscal policies, the strengthening of macroeconomic policies, the decisive stages of structural reforms and the strengthening of the monetary policy framework.
NEW SYSTEM: Structural changes in the management structure were brought to Turkey. We reorganized departments and institutions and reduced the number of ministers in the booth from 26 to 16. At the same time, we also changed the ministry of the Ministry of Economy. There are 3 ministries instead of 6 in the economy.
BASIC POLICY ON STABILITY: I would like to emphasize that the economy is a priority for the next term. In this context, we define basic policies in order to follow economic policies resolutely. We focus on maintaining fiscal discipline, fighting inflation and implementing a well-defined structural reform agenda. all ministries of the economy to achieve our goals in the economy of Turkey where we need to coordinate facilities.
TRANSPARENT OVP Medium-term economic program, our public and auditable way, we will prepare with all the stakeholders.
"INVESTMENT IN INFRASTRUCTURE"
Minister Albayrak then spoke at the opening speech of the "Improvement of the Roadmap for financial assets of infrastructure ". Albayrak, who also gave the following messages:
PEACE AND STABILITY: Turkey has long been the continuous implementation of high quality infrastructure projects and has a successful performance . Since 2002, there has been no taxation and a large budget has been allocated to improve infrastructure throughout the country.
WINNERS: One does not understand how to improve the infrastructure: it is the basis of the development of the infrastructure which rests on two main objectives: the creation of a favorable environment for investment and regional development, peace and stability. Our efforts should not only contribute alongside the project, but also create a win-win opportunity for a wide range of large communities.
REFUGE FOR INVESTMENT: Therefore, Turkey, our geopolitical position, a strategic importance for our and the help of our infrastructure of high quality, stable and offering an environment predictable, has been a safe haven for investments. On the other hand, our infrastructure development activities also contribute to our job creation, anti-inequality and anti-terrorism goals. In this context, Turkey, in the new global economy is considered a reliable partner for all our peers
BACKGROUND OF 420 BILLION DOLLARS :. Turkey has the 10 largest home to 6 infrastructure projects completed in the world during the last decade. Over the past sixteen years, our cumulative investments totaled US $ 420 billion to cover other factors. We, Turkey, are happy to share our experiences more about increasing the participation of private capital in infrastructure financing.
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