Speculative capital in the first month, investment income in 6 months
IYI Party Development Policy Chairman Prof. Ümit Özlale said that if Nation Alliance comes to power, Turkey’s risk premium will decrease rapidly from day one, and an influx of speculative capital will begin in the first month, and foreign investors they will start 6-7 months later.
THEY ARE WAITING FOR YOU ON MAY 14
IYI Izmir Party deputy candidate Prof. Özlale stated that if Kemal Kılıçdaroğlu is elected president, the economic model announced by Nation Alliance will be implemented to the whole world, saying, “As soon as the election results are announced, the premium Turkey’s risk factor will automatically decrease on that day. As the risk premium falls, we now have the opportunity to borrow at low interest rates, not high costs.”
Expressing that as soon as the government changes, the influx of foreigners who have been waiting for a long time to restore the investment climate to come to Turkey, Prof. Özlale said: “What is holding them back right now is that the investment climate investment has deteriorated and the rule of law has disappeared. In the first month of the new government, we experienced an influx of speculative capital. This capital is waiting for May 14 to invest in stocks, money markets. The foreign investment capital that we expect will arrive just after we create the investment climate, that is, 6 or 7 months later”.
TL VALUES
teacher. Özlale pointed out that with the influx of foreigners, there will be an abundance of foreign exchange in the country and this will add excessive value to the TL. Özlale said that to prevent this from creating a new ‘false spring’, they would direct incoming foreign currency to the Central Bank and use it to repair the Central Bank’s depleted foreign exchange reserves.
teacher. Umit Ozlalé
AKP needs the IMF
teacher. Ümit Özlale said that if the Nation Alliance comes to power, it will not need the IMF to level the economy and, on the contrary, if the AKP stays in power, it will have no choice but to agree with the IMF for the inflow of foreign currency. . . Expressing that inflation and real interest rates will decrease and investment and employment will increase thanks to the reliable economic policies they will implement, Özlale drew attention to the fact that there will be no sudden return to normality in the first few months so as not to hinder investment.