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EKONOMİK

FORUM

128

Higher confidence in economy

improvement of investment climate needed

Road map for industry

from 81 cities

T

he Government unveiled its Medium-term

Economic Program, revising its growth fore-

cast down due to both increasing domestic and

global uncertainties. It seems that the national

economy will continue to struggle with this

low-growth trap longer than we are expecting.

Indeed, there were signs of an economic slow-

down before the July 15 coup attempt, but it has

become more visible as a result of what we have

been through since then. The Government is

working to contain the problem and has started

to take certain precautions. What we need to

do for recovery is to ensure higher confidence

in the economy and to improve the investment

climate in a bid to boost investments. A long-

term and high rate of growth would only be

possible if investment and consumption increase

concurrently.

SELECT NEWS

H

osted by M. Rifat Hisarcıklıoğlu, Cha-

irman of the Union of Chambers

and Commodity Exchanges of Turkey

(TOBB)and presided by Prime Minister

Binali Yıldırım, the 9th Trade and Industry

Council of Turkey was held at TOBB’s con-

ference hall. Among the participants at

the Conference were Deputy-prime Mi-

nister Nurettin Canikli, Economy Minister

Nihat Zeybekci, Customs and Trade Mi-

nister Bülent Tüfenkci, Food, Agriculture

and Livestock Minister Faruk Çelik, and

chairmen and speakers of 365 chambers

and commodity exchanges.

The chairmen of 365 chambers and

commodity exchanges from 81 cities

expressed the challenges facing the

private sector and also proposed their

solutions to Prime Minister Binali Yıldırım

and Ministers.

Making a speech at the Council, Prime

Minister Binali Yıldırım said,“The Ministers

and I have precisely noted the challenges

expressed by the chairmen of 365 cham-

bers and commodity exchanges.”

TOBB President M. Rifat Hisarcıklıoğlu: