All eyes are on the additional raise… Will there be improvements for retirees despite Lightning? Ministry’s claim to work with three options

With the announcement of December inflation figures, the January salary increase rate of retirees became clear. Civil servant retirees will receive a 49.25 percent raise, including the inflation difference in the July-December 2023 period, on top of the 15 percent raise resulting from the collective agreement. Workers and Bağ-Kur retirees will receive a 37.57 percent raise in line with the CPI increase that occurred in the second six months of last year. It is wondered whether regulations will be made to close the raise gap between retirees.

In the AKP, whose candidate names became clear one by one before the local elections, all eyes turned to the promises to be made during the election campaign.

According to Nuray Babacan from Gazete Rüzgar, the election lobbies that started before the new year in the AKP backstage began to lose their effect as the expected candidates became clear one by one. From now on, plenty of campaign materials and new promises will be on the agenda. When we talk about promises, the subject comes back to pension increases. The 37.5 percent inflation rate announced on January 3 and the fact that the increase in retirees’ salaries was limited to this caused a crisis even in the party, let alone the opposition. Knowing that they cannot run an election campaign with this figure, AKP executives expect ‘improvement’, contrary to what the economic management wants.

The highlights of Nuray Babacan’s article are as follows:

“As we have written before, studies on this issue are continuing behind closed doors. The economic management argues that this can only be rounded to 40 percent in order not to upset the balance. Party managers say that the 49.5 percent increase in retired civil servants’ salaries should be taken as basis, otherwise the elections will be rejected.” to the squares

They say they can’t get out. It is reported that the Ministry of Labor made a study with three options and among these there are formulas corresponding to 45 percent. We will see the results within a week or so…

‘Attempts will be made to attract capital to Turkey’

Let’s talk about the upcoming trip to the USA by the Minister of Treasury and Finance Mehmet Şimşek and the President of the Central Bank Hafize Gaye Erkan. Much has been written, attempts will be made to attract capital to Turkey in meetings with investors. Experts claim their job is difficult. Because the looming judicial crisis is the most problematic area for investors.

UMUT IS A FOREIGN INVESTOR AGAIN

The economic management remains optimistic. It is claimed that foreigners believe that the positive results of Turkey’s policy will be seen in the medium term. It is claimed that Central Bank Governor Hafize Gaye Erkan is using her old relationships, that some names will announce their plan to invest in Turkey at the investor meeting to be held in New York, and that preliminary discussions have been held for this. Allegedly, a similar meeting will be held in Istanbul in a short time and these contacts will result in a fund inflow of 10 billion dollars to Turkey. The atmosphere in the AKP backstage is in this direction…

WHERE IS THE SAVINGS?

The other claim of the economic management was the savings in public expenditures. Unfortunately, it seems that we have not been very successful in this regard. More interestingly, examples of extravagance are openly discussed. For example, the allegations that the Ministry of Environment and Urbanization attended the Climate Summit held in Dubai at the end of November with a team of 1040 people were brought to the agenda of the Parliament. The Ministry could not deny this. It is said that the economic management cannot influence all ministries regarding savings.

LIKE THE BUYER IS SATISFIED, THE SELLER IS SATISFIED…

However, the decision on this issue is based on the Presidency’s preferences rather than economic management. Everyone knows that savings cannot be made with ‘paperwork limitations’, especially since public tenders and DMO procurements are not put under the spotlight. Claims that a 1 lira good is sold to the state for 15 lira are again being discussed among AKP members. The buyer is happy, the seller is happy…”