Mehmet

Treasury and Finance Minister Mehmet Şimşek has said they will continue to support the Central Bank's fight against inflation with fiscal policy.

The economic program aims to restore price stability and fiscal discipline while addressing macroeconomic challenges, such as reducing the current account deficit, Şimşek stressed.

The government is working on measures to increase public sector savings, Vice President Cevdet Yılmaz has said.

The Finance Ministry and the presidency of strategy and budget authority are carrying out studies on public sector savings, with more than 15 articles being worked upon, and they will be implemented, Yılmaz told reporters after the cabinet meeting earlier this week.

A decline in the current account deficit shows that the government's medium-term economic program is working, Treasury and Finance Minister Mehmet Şimşek has said.

He noted that the deficit was lower than expectations in February and the gap declined by $5.8 billion compared with the same month of last year.

The tourism season has officially commenced at the majestic Mount Nemrut, a UNESCO World Heritage Site nestled within southeastern province Adıyaman's Kahta district, hosting its first visitors.

Treasury and Finance Minister Mehmet Şimşek has refuted reports that the Value Added Tax (VAT) rate on food will be increased.

"We have not raised VAT rates! We are taking steps to prevent abuse," Şimşek wrote on X, quoting a news report on his ministry's preparation on a regulation regarding services in restaurants and cafes.

The World Bank has increased its support for Türkiye from $17 billion to $35 billion, providing an additional $18 billion of resources for the next three years, Treasury and Finance Minister Mehmet Şimşek has said.

The government will take decisive steps regarding expenditure control in the public sector, Treasury and Finance Minister Mehmet Şimşek told ministers and senior members of the ruling Justice and Development Party (AKP), daily Hürriyet has reported.

Türkiye's current account deficit this year will be significantly lower than the initially forecast, Treasury and Finance Minister Mehmet Şimşek has said.

The improvement in annualized foreign trade deficit continued in March, Şimşek wrote on the social media platform X on April 5, commenting on the latest trade data.

Finance Minister Mehmet Şimşek said on April 3 that the decline in monthly inflation will continue after the numbers for March were announced.

The 38th International Ankara Music Festival, organized by the Sevda-Cenap And Music Foundation, will be held between April 4 and 30.