Turkey to announce program on combating inflated prices tomorrow

Baku. 8 October. REPORT.AZ/ The Turkish Ministry of Treasury and Finance is planning to announce the program on combating inflated prices, said  minister Berat Albayrak, Report informs citing Turkish media.

"We won out over all hardships thanks to strong coordination and cooperation in relationship with our partners. And with the program to combat inflation to be announced tomorrow, we’ll continue to preserve this sustainability," he said.

The minister also assessed the decision of the Banks Association of Turkey on credit payments, which is characterized as a recommendation. The decision aims at repayment of the bank debts of nearly TRY 15 million in 24 months with concession period of 6 months.

Turkish President Recep Tayyip Erdogan said on Sunday addressing the activists of Turkey's ruling Justice and Development Party in the town of Kizilcahamam that Turkey does not intend to borrow loans from the International Monetary Fund (IMF) anymore.