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Call from GYİAD: ‘Market instruments must be used effectively"

Call from GYİAD: ‘Market instruments must be used effectively"

In a written statement from the Young Executives and Business People Association (GYİAD), following expressions were mentioned: “It is clear that there is a need for a stabilizing program in the economy that will prioritize price stability and financial stability. The young business world supporting the positive steps taken by the government and the CBRT in recent days is ready to face such program and the difficult transition period to result from tightening.”

Young Executives and Business People Association (GYİAD) published a statement evaluating the latest developments in the economy. The statement included the following expressions:

“World politics and economy are rapidly transforming and relations are being redefined. Turkey passed a new management system under such challenging global conditions, the expectations and willingness to do business of the young business world increased with this renewal. In addition to this, it is clear that there is a need for a stabilizing program that will prioritize price stability and financial stability in the markets within the framework of the rules of the economy. Supporting the positive steps taken by the government and the CBRT in recent days, as well as identifying the source of the problems and waiting for active intervention with the right diagnoses, the young business world is ready to face the difficult transition period of such program and the difficult transition period to result from tightening.

In order avoid our country lose power, we expect the announcement of a stability program to relax the markets by focusing on our economy, preventing harsh pricing through active usage of market instruments and to avoid the companies be negatively affected in terms of financing.”