Access to financing was discussed at the Economy Coordinating Table

It was reported that at the meeting of the Economic Coordination Board (EKK) measures were discussed that would support investment, production and exports during the disinflation process, increase the competitiveness of export companies and facilitate access to financing.

An EKK meeting was held at the Presidential Complex under the chairmanship of Vice President Cevdet Yılmaz.

In the written statement made after the meeting, it was recalled that the 12th Development Plan was published in November, which sets out Turkey’s five-year development goals, was prepared with the perspective of 2053 and will guide the long-term development strategy.

The statement states that within the scope of the plan, Turkey’s place in global trade and the global value chain is strengthened, targeted and high-quality financing opportunities are provided for the real sector, a stable growth model that It focuses on green and The objective is digital transformation and the creation of maximum employment with qualified human capital.

‘MEASURES WERE DISCUSSED TO FACILITATE ACCESS’

In the statement, the following assessments were made about the topics on the agenda of the EKK, which met in line with these objectives:

“12. The process of monitoring and evaluating the policies, measures and activities to be implemented in the next period to achieve the goals of the Development Plan was discussed. The quarterly monitoring reports to be prepared by the Strategy and Budget Directorate will be periodically evaluated in the EKK.

With the latest export prospects, measures have been discussed that will support investment, production and exports during the disinflation process, increase the competitiveness of our export companies and facilitate their access to financing. Assessments have been carried out to increase export financing opportunities throughout our banking system, especially financial supports from Eximbank and Export Development (IGE) AŞ.

In order to strengthen the education-employment-production relationship and provide the qualified employment that the labor market needs, studies and new approaches were evaluated to strengthen vocational and technical education. “Consensus has been reached to conduct a more comprehensive study on vocational education and the labor market, including other relevant stakeholders.” (AA)