05.10.2016 Ankara
Speaking at the TOBB Board Meeting attended by Treasury Minister Naci Ağbal, TOBB President M. Rifat Hisarcıklıoğlu touched on the Medium Term Program announced by Prime Minister Binali Yıldırım the previous day, “There is a matter of great importance for me. It is planned to bring current deficit below 4% while raising growth rate to over 5%. This is imperative for Turkey to attain the path to sustainable growth.”
The TOBB Board
Meeting was held with the attendance of Treasury Minister Naci Ağbal at the
TOBB Twin Towers. Speaking at the meeting, Hisarcıklıoğlu stated that all of
the crises undergone recently are a testament to the resilience of the Turkish
economy for the entire world to see.
Underlining the fact
that public services and private sector activity did not suffer at all
following the coup attempt by the Fethullah Terror Organization, Hisarcıklıoğlu
reported that the Medium Term Program projects a 3.2% growth rate for 2016.
Hisarcıklıoğlu
emphasized that Turkey has rapidly recovered and continues to progress
steadily, “It is imperative that we elevate the dialogue and cooperation
between the public and private sectors during this period to the maximum.
Thanks to you, we are able to convey our issues directly to the Ministry of the
Treasury. We are able to find solutions to our problems. The first fruit of
this process is the first investment environment package which was passed in
parliament prior to the July 15th coup attempt. We’ve taken
revolutionary steps together.”
- Simplification of establishing companies will yield
benefits
Emphasizing that the
simplification of establishing companies will yield extremely beneficial
results, TOBB President M. Rifat Hisarcıklıoğlu stated that the improvements to
stamp tax and fees has been met with general approval.
Hisarcıklıoğlu drew
attention to the fact that members are continuing to utilize the option to
restructure debts and pointed out the importance of supporting investments a
per project basis.
Hisarcıklıoğlu stated
that these are the strongest indication that the government is looking out for
investors and said, “There is a matter of great importance for me. It is
planned to bring current deficit below 4% while raising growth rate to over 5%.
This is imperative for Turkey to attain the path to sustainable growth. Also,
the fact that the first 5 reform sections are aimed towards solving the various
issues facing the private sector in regards to judicial processes is a source
of great pleasure. We will relay many issues to the Minister today, as well as
our suggestions for solving said issues.”
- Treasury Minister Ağbal
Treasury Minister
Naci Ağbal stated that the reforms and legislative regulations would make the
Turkish economy even stronger, “Our exports and growth rates will increase.”
Minister Ağbal,
touching on the July 15th coup attempt, extending his thanks to TOBB
and its members for their stance against the putschists.
Following the
speeches presented Minister Ağbal with an engraved plaque. After gifts were
exchanged, the meeting took place closed to the press.