President Erdogan says Turkiye's economic climate will be 'completely different' this summer when balance is established in the financial system
Erdogan also underlined that the government has not had any budgetary problems and was not seeking assistance from the IMF.
Erdogan called for academics and economists to contribute to the government's new economic model at a meeting with members of the press and academia in Istanbul on Friday. The foreign exchange reserves of Turkiye's Central Bank currently stand at over $115 billion, and is expected to be in a much better position, according to Erdogan.
Highlighting that economic indicators showed that the time was right for this new policy, Erdogan said: "We aim to place Turkiye among the 10 largest economies of the world on this strong groundwork."READ MORE:The lira eased to 11.7 per dollar - though after having strengthened to 10.25 on Thursday, its strongest level in over a month, following a series of measures by the government and central bank to prop up the currency.on certain deposits.
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