Vice President Cevdet Yılmaz Pointed to Social Housing Projects: We Aim to Support the Fight Against Inflation.
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Vice President Cevdet Yılmaz, while announcing the 2027 budget, stated that they aim to reduce inflation to 21 percent. He indicated that 3.4 trillion lira will be allocated to defense and security, and 1.3 trillion lira to social assistance. Yılmaz also announced that preparations are underway for new legal regulations to recover losses in investment funds from those responsible and to protect investors.
Vice President Cevdet Yılmaz presented the 2027 Central Government Budget Law Proposal and the 2025 Central Government Final Accounts Law Proposal to the Parliamentary Planning and Budget Committee...
Experts explained what this turn-off was about, what it meant for the decisions of the CEC, and why it might not be long.
Vice President Cevdet Yılmaz announced the economic targets for the 2027 budget. The goals include reducing inflation to 21%, achieving economic growth of 4.2%, and increasing goods exports to $292 billion. Statements regarding national income, employment, and problematic investment funds were also prominent in the budget presentation.
The Grand National Assembly of Turkey's Planning and Budget Committee convened under the chairmanship of AK Party Samsun Deputy Mehmet Muş. At the committee meeting, Vice President Cevdet Yılmaz presented the 2027 Central Government Budget Law Proposal and the 2025 Central Government Final Accounts Law Proposal. In his presentation, Cevdet Yılmaz explained the foundations and objectives of the budget, noting that the fundamental approach is to …
Vice President Cevdet Yılmaz, in his presentation of the 2027 budget proposal to the Parliament's Planning and Budget Committee, stated, "With the overcoming of current problems, our capital markets will continue on their path more strongly, benefiting both investors and the national economy." Yılmaz added that the policy framework limits the impact of any fluctuations in financial markets on the real economy.
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