Turkey finance minister says to announce strong program against inflation

Turkey finance minister says to announce strong program against inflation
Turkish Finance Minister Berat Albayrak is set to announce a program to combat inflation in the country. (AFP)
Updated 07 October 2018

Turkey finance minister says to announce strong program against inflation

Turkey finance minister says to announce strong program against inflation
  • Turkey’s inflation surged to a 15-year high of nearly 25 percent in September

ANKARA: Turkish Finance Minister Berat Albayrak will announce a strong program to combat inflation, the state-run Anadolu news agency quoted him as saying on Sunday.
Earlier this week, data showed Turkey’s inflation surged to a 15-year high of nearly 25 percent in September. Albayrak had later said he would announce a program to battle rising inflation next week.
Albayrak was also cited as saying a rebalancing period in Turkey’s economy had begun and that there would be no compromise on budget discipline.