Alongside his predecessor, Nureddin Nebati, in the ceremonial transfer of responsibilities, Simsek expressed the government's main objective of increasing social welfare.
"Transparency, consistency, predictability and compliance with international norms will be our basic principles in achieving this goal," Simsek said.
He also stated that it is vital in the medium term “to reduce inflation” to single digits, increase predictability, and “accelerate the structural transformation” that will reduce the current account deficit.
"Our main policy will support the central bank in the fight against inflation through the fiscal policy and structural reforms to be implemented," Simsek said.
❝Transparency, consistency, predictability, and compliance with international norms will be our basic principles❞
Türkiye will prioritize macro-financial stability by strengthening its institutional quality, capacity, new Finance Minister Mehmet Simsek says… pic.twitter.com/78j8lry501