Inflation in Türkiye will drop from 65% to 8.5% within three years, Turkish Vice President Cevdet Yilmaz said in Ankara while unveiling the medium-term economic program designed for three years.
"The inflation is expected at 65% at the end of the year, 33% in 2024 and 15.2% in 2025. In line with the target indicators of our plan, the inflation rate for 2026 is expected at the level of 8.5%," he said.
The official noted that already this year the government expects per capita income in Türkiye to make $12,415.
"In the medium-term perspective, we intend to reduce unemployment to one-digit numbers. We are confident that we will achieve the growth rates that will surpass the global economic growth rates by 1.5 percentage points. We expect the annual growth of our economy at 4.5%," Yilmaz said.