Turkish Finance Minister Mehmet Şimşek stated that the Turkish economy has the capacity to tackle shocks and that new steps are possible. He suggested the impact of the Middle East conflict on the Turkish economy could be temporary and reversible if a cease-fire holds.

Türkiye's Finance Minister Mehmet Şimşek stated that the short-term economic effects of the Iran war are negative but manageable for the country, with energy supply security not at risk and fiscal measures in place as a shock absorber.

There is no deterioration in Türkiye's disinflation path but rather a slowdown mainly due to food prices and seasonal effects, Treasury and Finance Minister Mehmet Şimşek said...