Finance Minister Mehmet Simsek,"We were a little more intrusive competitiveness, innovation are limiting the slop.
Finance Minister Mehmet Simsek,"We were a little more intrusive competitiveness, innovation, limiting the slop are. A food product installments of 18 months to make sense? For banks, households in terms of the capacity to pay indebtedness to block as an approach I see,"he said.
Finance Minister Simsek, 2 Turkey Conference on Public-Private Sector Cooperation answered questions after his speech. In credit cards, installment limitations imposed on the Lightning,"Our goal is sustainable growth to provide. Currently in consumer loans growth rate is not sustainable. The one hand, the current account deficit problem we have, on the one hand in every aspect of macro-prudential approach're in,"he said.
Lightning, project loans encourage, said:"Small and medium-sized enterprises in loans, exporters loans are encouraged. them down the cost of suffering. But household debt will increase further or banks in this sense that risk, sustainable growth under threat receivable or general sense of macroeconomic stability, the current account deficit the size jeopardize the trends are closely monitoring. them from time to time we take measures to limit working. Consumer loans with fixed interest rates made're letting. These are all macro-prudential measures, as a citizen to protect both the banking industry to protect. banking sector of our balance sheet of the healthiest portion one. Financing balance are very good. Households our public debt levels at a reasonable level. banking balance sheets are very healthy. We sağılıkl structure're trying to protect. Lately the debate, the measures taken such a perception wake could have,"he said.
Market of both themselves and hurt the economy given that saw in 2008 they transferred Lightning,"We were a little more intrusive competitiveness, innovation, limiting the slop are. A food product installments of 18 months to make sense? for banks, households in terms of the capacity to pay indebtedness to prevent I see it as an approach,"he said.
Minister Simsek, precautionary measures should be expected to restrain growth in the short term, saying that stated that they foresee a more modest growth. Lightning,"Turkey structural reforms activated and the current account deficit in a permanent way manageable, to lower levels until there is Turkey's modest growth rates and continuing healthy're finding. Takes measures we grow restrictive measures, but growth increases the quality, more healthy to ensure that,"he said .
the P5 +1 and Iran in Geneva Turkey reflection of his deal with the question about the Lightning,"Iran may be one of our biggest trading partners. Iranian lot of natural wealth. 8 percent to trade with neighbors coincides., Asia, Europe When you look at neighbors trade with 60 per cent reaching. us, our neighbors, our trade 60 percent we can. Iran to resolve the issue of Turkey two kinds of effects. Geopolitical tensions in international energy prices, particularly oil prices risk premium is reflected in . region's geopolitical tensions decrease of oil prices may draw down. Iranian embargo get rid of Turkey with Iran trade a few times may increase. citizens directly will have repercussions for tourism, trade, every aspect"he said.
budget law has been accepted as reminding the Minister Simsek, not an expenditure increase of expenditure in the budget, he said. Lightning,"Next year we will do an assessment. Necessary element to the other units of the public will not. Decisions have been given to this issue,"he said.