Treasury Minister Elvan Met with MUSIAD

Treasury Minister Elvan Met with MUSIAD Treasury Minister Elvan met with MUSIAD. Minister Elvan and Justice Minister Abdülhamit Gül met with the Independent Businessmen's Industrialists' and Businessmen's Association (MUSIAD) within the scope of the reform meetings. Making a press statement after the meeting, MUSIAD President Abdurrahman Kaan drew attention to inflation and reserves. Treasury and Finance Minister Lütfi Elvan and Justice Minister Abdulhamit Gül met with the Independent Businessmen's Independent Industrialists' and Businessmen's Association (MUSIAD) management within the scope of the reform meetings. Making a press release after the Structural Reforms Meeting, MUSIAD President Abdurrahman Kaan said, “With the advantages that give our field extensivity, data from the economy's nerve endings collected, we have talked about issues such as the macro level of growth components in the situation in Turkey's economy, how it should be shaped, how fixed capital investments should be increased, in order to reveal the economic and legal framework that will enable foreign investors to prefer Turkey.” Kaan pointed out that the decrease in inflation will ease the business world. MUSIAD President said, “We see real increases in the basic consumption groups of the food sector, varying between 25 and 40% annually, due to the insufficient production. The production and stock planning of the companies acting in the public sector along with the private sector companies will bring inflation under control. It will cause economic relief.” Abdurrahman Kaan stated that foreign investment is needed to bring the reserves to the desired level. According to the information given by Kaan, it was pointed out at the meeting that direct investments should be supported as well as hot money inflow in order to bring the reserves back to the desired level.