Şimşek: “We Remain Committed to Price Stability as Key Program Goal”

Treasury and Finance Minister Mehmet Şimşek reiterated the government’s unwavering commitment to achieving permanent price stability, describing it as the ultimate objective of Türkiye’s economic program.

In a statement shared on his official X account, Şimşek emphasized that recent policy actions are already yielding results in financial markets.

“With timely and correct decisions, the outlook in financial markets is improving,” he stated.

Key Indicators Show Improvement

Şimşek highlighted several positive trends, including:

• A decline in foreign currency deposit (DTH) demand

• A drop in Türkiye’s credit default swap (CDS) risk premium

• A resumption of reserve accumulation

According to the latest figures, the Central Bank of Türkiye’s gross reserves rose by $5.8 billion in just one week.

Disinflation Support from Global and Domestic Trends

The minister noted that waning global uncertainties, strengthened financial indicators, and moderating domestic demand would all contribute to Türkiye’s disinflation efforts in the months ahead.

“These trends will support the disinflation process,” Şimşek added, signaling continued focus on tight monetary and fiscal discipline.

His remarks come as part of the broader government effort to restore macroeconomic stability, rebuild foreign reserves, and lower structural inflation in line with international investor expectations.