Reserve statement from the Minister of Commerce Bolat
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Commerce Minister Bolat took over from Mehmet Muş. In his statement at the ceremony, Bolat said that they want to improve the current account deficit and increase their foreign exchange reserves. Bolat also stated that they prioritize price stability.
Ömer Bolat, who is the Minister of Trade in the new cabinet, took over the task from Mehmet Muş. Bolat said, “We want to improve our current account deficit and increase foreign exchange reserves by continuously growing our exports of goods and services.”
Ömer Bolat with the handover ceremony held at the Ministry. Ministry of Commerce He took over his duty from Mehmet Muş.
Speaking at the handover ceremony, Mehmet Muş said that they made important structural changes during his ministry. Stating that he is happy for Bolat to be the Minister of Trade, Muş said, “I feel very comfortable. This is a relay race. We brought it to a certain level. Hopefully, our Minister will bring it to a better level. The state always goes head to head. It will be the same here. I don’t have the slightest doubt about that. There will definitely be better services,” he said.
‘WE WORK TOGETHER’
Minister of Commerce Ömer Bolat thanked Mehmet Muş, who served as a minister in the previous period, and the employees of the ministry.
Bolat stated that he would benefit from the ideas and contributions of all the directors and employees of the Ministry of Commerce and made the following statements:
Representatives of our valuable business world, which are the stakeholders of our Ministry and our economy; Union of Chambers and Commodity Exchanges of Turkey, Foreign Economic Relations Board, Turkish Exporters Assembly, Confederation of Turkish Tradesmen and Craftsmen, chambers of tradesmen, voluntary organizations, Independent Industrialists’ and Businessmen’s Association, Turkish Industrialists’ and Businessmen’s Association, Anatolian Lions Businessmen’s Association, Turkey Independent Industrialists and Businessmen We will work together with the Turkish Economic Enterprise and Business Ethics Association and all other organizations.”
CURRENT DEFICIT AND RESERVE EXPLANATION
Noting that he worked in many establishments of the economy and the real sector in his 41-year business life, Bolat said, “I know our business world, industry and trade organizations, and organized industrial zones well. We will solve the existing problems together. We will also work together with our esteemed deputies. in the 28th period Turkish Grand National AssemblyCongratulations to all our MPs. We will move forward with their support, contribution and guidance.”
Expressing that they want to reduce the current account deficit and increase their foreign exchange reserves, Bolat said, “We will work hard for the welfare and happiness of our people with a strong economy in the Century of Turkey.” Our main goal is to increase production and trade. If trade increases, welfare increases. We want to improve our current account deficit and increase foreign exchange reserves by continuously expanding our exports of goods and services. At this point, I would like to underline that our exports of services are as important as exports of goods.”
‘WE WILL FOCUS ON REMOVING EXCESSIVE PRICE INCREASES’
Regarding the work they will carry out, Bolat said, “We will focus on completely removing the negative effects and excessive price increases in the trade market due to the Covid-19 epidemic, which has swept the world for 2-2.5 years. In terms of protecting the purchasing power of our people, it is our priority to accelerate the downward trend in the inflation rate for the last 6-7 months, and to ensure price stability as the government,” he said. (DHA)
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