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2026-02-20 17:06:53
[Turkish Finance Minister Speaks Out Frequently: Inflation Remains a Top Priority, Japanese Investment Expected to Land in March] ⑴ The Turkish Finance Minister will visit Japan in March to meet with business groups and explore the possibility of direct investment in Turkey. The trip aims to expand sources of Asian capital and bring more external funding to the Turkish economy. ⑵ In an interview, the Finance Minister released clear financing expectations. He stated that the private sector will have access to more and lower-cost funding after 2026. This statement helps boost business confidence and lays the groundwork for future improvements in the financing environment. ⑶ Regarding external balance, the Finance Minister believes the current account deficit is largely under control and on a sustainable path. If this assessment is verified by data, it will alleviate market concerns about Turkey's external vulnerability and provide support for the stability of the local currency. ⑷ Inflation remains a core concern in policymaking. The Finance Minister emphasized that combating inflation is a top priority and pointed out that while the slowdown in the anti-inflation process can be discussed, there has been no substantial deterioration. This statement aims to reassure the market about recurring inflation while maintaining policy continuity. (5) Signs are emerging that the stickiness of service sector inflation is loosening. The Finance Minister has explicitly stated that the inertia of service sector inflation has begun to soften. As the most stubborn component of inflation, the cooling of service sector prices will open up new room for overall inflation to decline.
