According to the compilation made by the AA correspondent from the 2027 Presidential Annual Program, the main purpose of the program was determined as achieving the ultimate goal of price stability on the basis of preserving and strengthening the resilience in the economy.
In this context, the fight against inflation will be continued with the strong coordination of monetary, fiscal and income policies.
By preserving financial stability, macroeconomic stability will be strengthened and the competitiveness of the manufacturing industry will be supported against the pressures created by increasing global uncertainties and domestic balancing processes.
In order to strengthen the disinflation process, steps will be taken to ensure that managed and directed prices are in line with the targets, and structural measures that reduce price pressures and support supply-side growth dynamics will be continued.
Increasing high value-added production in agriculture, industry and services sectors, expanding the use of technology and artificial intelligence, and accelerating efficiency-oriented structural transformation will be prioritized.
Supportive measures differentiated according to scale will be implemented to meet the needs of companies in the manufacturing industry.
Participation in the workforce and employment will be increased with policies aimed at developing skills and competencies in line with the changing needs of the labor market. The foundations of sustainable, competitive and inclusive growth will be strengthened by making maximum use of the opportunities offered by technological transformation through policies that strengthen the science, technology and innovation ecosystem.
By attracting direct foreign investments to the country in financing the current account deficit and activating export financing instruments, production-oriented resource inflows will be increased and a sustainable financing structure will be established.
To develop commercial relations, Economy and Trade Joint Committee (ETOK) meetings will be held with Germany, Austria, Netherlands, Hungary, Czechia, Slovakia, Estonia, Lithuania, Latvia, Sweden, Finland, Denmark and Norway.
Exchange rate developments will be followed closely
Indicators regarding inflation and its underlying trend will be closely monitored and all monetary policy tools will be used effectively.
Prices, managed and guided by fiscal discipline, will be determined to help reduce past inflation indexation behavior. In determining these prices, studies will be carried out on alternative price determination methods to reduce inertia.
The Investment Committed Advance Loan (YTAK) Program will continue to be implemented more effectively, integrated with the existing investment incentive system for export-supporting and high value-added product groups. A new application area will be developed to include high value-added and relatively smaller-scale manufacturing industry investments.
In line with investment, employment, production and export-based growth policies aimed at price stability, target-oriented financing opportunities will be provided to the real sector at affordable costs. For this target, it is envisaged to obtain 600 million dollars of resources from foreign institutions in 2027, in cooperation with the Ministry of Treasury and Finance and the Development and Investment Bank of Türkiye.
In line with the National Technology Move vision, projects compatible with Türkiye's transition to the digital economy will be supported. For this purpose, it is aimed to provide financing to technological areas such as artificial intelligence, big data, cloud computing and cyber security.
Financial support will be provided for investments in regional development, especially in earthquake zones, and in transformative areas that support development and create new employment, such as SME financing.
Within the framework of the floating exchange rate regime, exchange rate developments and related risk factors will be closely monitored and necessary measures will be taken in a timely manner, in order to ensure that the foreign exchange market operates effectively and healthy price formation, regardless of any target regarding the level of exchange rates.
Work will continue to launch the digital Turkish lira. In this context, studies on the necessary legal regulations and technical integrations will be carried out. Integration studies of financial intermediary institutions into the digital Turkish lira system will be carried out. Regional test studies will be carried out to test the usage scenarios of the digital Turkish lira.
Financial consumers will be protected
The steps to be taken regarding the policy rate will be determined to ensure the stringency required by disinflation, in line with the intermediate targets, taking into account the main trend and expectations of inflation realizations.
Monetary policy decisions will continue to be made from a data-driven and meeting-based perspective, taking into account detailed analysis of prices, inflation expectations and pricing behaviors, demand elements that monetary policy can affect, supply-side developments, financial conditions including internal-external balance, saving tendency and loans, and developments in all other factors affecting liquidity and price stability.
Steps will continue to be taken to support efficiency and interoperability in the field of payments.
The institutional level and security level of organizations operating in the digital finance sector will be increased. Measures will be taken to prevent anti-competitive practices between banks and non-bank payment service providers. In this context, a sectoral cyber incident response team (SOME) will be established and a rapid and coordinated response to cyber incidents will be ensured by establishing cyber security coordination among payment service providers, management of outsourcing risks and regulatory-audit processes.
Practices regarding the protection of financial consumers will be strengthened. An Investor Risk Center will be established and an investor risk tracking system will be established for the purpose of holistic monitoring of risks originating from investors and investment firms in capital markets, detection of systemic risks and early warning.
