Inflation in Türkiye is decreasing and is expected to be in single digits in the coming years, Deputy Minister of Finance Osman Celik said at the 3rd International Insurance Summit held in Istanbul as part of the 13th Insurance Week, Report informs.
Celik noted that Türkiye is targeting 3.5% economic growth for the coming year, and it is planned to increase the value of GDP per capita from $13,000 to $20,000 by 2027.
The deputy minister emphasized that digital transformation and climate change are the main factors affecting the insurance sector.
Ziya Aliyev, Director General of the Central Bank of Azerbaijan, Elmar Mirsalayev, Executive Director of the Azerbaijan Insurers Association Public Union, as well as representatives of local insurance companies, are also participating in the event.