Change in Economy to Start in 2023

Noting that the change in the economy will begin as of January 2023, Treasury and Finance Minister Nurettin Nebati said that 2022 is a challenging year for the whole world, and that the Turkish economy will start to rise in 2023.
Treasury and Finance Minister Nurettin Nebati met with the representatives of the All Industrialists’ and Businessmen’s Association (TÜMSİAD) at his office in Dolmabahçe Palace.

Minister Nebati; underlined that they will resolutely continue to support SMEs and businesses, which have strategic importance in Turkey’s economic development, in production-oriented policies within the framework of the “Turkish Economy Model.”

Stating that 2022 will be a difficult year, Minister Nebati stated that 2023 will be a refreshing year with new regulations in the economy.
Anticipating that inflation will decrease in January and that the markets will be relieved by continuing the decrease in February, Minister Nebati stated that they are working to prevent an increase in energy prices.

The balance of the world economy is disturbed

Özsar Textile Chairman of the Board of Directors Senayi Sartık, who attended the meeting, conveyed his views on the latest situation, problems and future of textile enterprises to the Minister of Finance and Treasury Nurettin Nebati.

Stating that the recent fluctuations in raw material prices have adversely affected textile enterprises, Sartık said, “Mr. Minister, in general, listened to the problems faced by the enterprises and received information about the sectors. In particular, they said that we should all take steps to solve our problems. I think it is a useful meeting for our industry.” said.

Noting that there are economic crises not only in Turkey, but throughout the world, Sartık said that the energy crisis, which followed the Russia-Ukraine War after the pandemic, disrupted the economic balance of the world.