Turkey’s Inflation Declines as Investment Climate Improves

Turkey's inflation rate continues to decline this year, according to Minister of Treasury and Finance Mehmet Şimşek during the Emerging Markets Economies Forum in AlUla, Saudi Arabia. Şimşek emphasized that the Turkish government is committed to enhancing the investment climate through strict monetary and fiscal policies aimed at economic stability.

He noted that market expectations have become more optimistic, with the Turkish Central Bank forecasting annual inflation to drop to 24% by the end of 2025, down from 44.38% at the end of 2024. Additionally, Turkey’s net foreign exchange reserves have increased by $130 billion over the past 18 months, strengthening investor confidence.

Şimşek reaffirmed Turkey’s focus on attracting foreign direct investments that are not debt-driven while reducing dependence on volatile capital flows—key factors that support the stability of the country’s real estate sector.

Source: Anadolu Agency