EYT statement from Nabati: 40 percent will retire
[ad_1]
Nureddin Nebati, Minister of Treasury and Finance, said, “Nearly 5 million Aged Retirement (EYT) people will have the right to retirement. 40 percent of them will be able to retire this year. We have created the budget for EYT, we are comfortable. I will not give numbers, but we will start the new year by creating the source of EYT. We’re in,” he said.
Treasury and Finance Minister Nureddin Nebati made statements on the agenda in the television program he attended.
EYT EXPLANATION
Pointing out that the budget had a surplus of interest after a long time, Nebati continued as follows;
* For the last 5-6 years, the budget has not given an interest surplus. EYT‘s future was very clear, we took the precaution of it.
* Nearly 5 million EYT members will be entitled to retirement. 40% of them will be able to retire this year.
*We have created the source in the budget for EYT, we are comfortable. EYT is a burden on the budget now, but meeting this burden must be well calculated and its infrastructure must be created accordingly.
*This is the most important point. I won’t give numbers, but we started the new year by creating the source of EYT.
LOSS OF VALUE OF TL
Nureddin Nebati, Turkish Lira dollar “In 2021, there has been a currency attack in the last 3 months. When you say exchange rate in Turkey, it is dollars. Therefore, any up and down movement in the dollar rate is carefully followed by every member of the society. This follow-up is at such a sensitive point that world While these fluctuations occurring in the conjuncture under the conditions are considered normal, Turkey is questioned why such a fluctuation is taking place,” he said.
“IF TL VALUES…”
Reminding that the Turkish lira has been losing value against the dollar since 2017, Nebati continued as follows:
*This habit has also formed, I understand this from your questions, what are you doing to keep it. Now, the Turkish Lira has lost value against the dollar since 2017, so it should be looked at in terms of real value.
*When you make a comparison between the Turkish Lira and the dollar in Turkey, the Turkish Lira reached its most valuable point in 2013, that is, it reached a power that exceeded 110% on the CPI index.
*What does this mean, in Turkish, the more valuable the Turkish Lira is, the more you will import abroad. You do not need to produce in Turkey, because your money is very valuable, you can sell it.
* It slows down the industry, stops it and over time, it creates a result such as unemployment. If you make the Turkish lira very worthless, the opposite will happen. But it has to be an optimal point.
* At the end of 2021, the value of the Turkish Lira has dropped to 47% on the basis of CPI, that is, it has become very worthless. This optimal point is the exchange rate level where all these external and internal factors come together. (AA)
[ad_2]
Source link