Turkey will take steps to strengthen economic program, Erdogan says

Turkey will take steps to strengthen its medium-term economic program and the three main priorities are to increase public savings, prioritize investments and accelerate structural reforms, President Tayyip Erdogan said.

Speaking on Tuesday evening after a cabinet meeting, Erdogan said his economic team had made preparations for such steps to strengthen the programme (MTP) and, "hopefully we will share them with the public very soon."

"We have three main priorities in strengthening the MTP. These are to increase public sector savings, prioritise investments, and accelerate structural reforms."

Speaking to reporters after the cabinet meeting, Vice President Cevdet Yilmaz said both the finance ministry and the budget authority were carrying out studies on public sector savings, with more than 15 articles being worked upon.

"We mean not only reducing...