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Yeni şAfak Newspaper Targeted Minister şImşek, Announcing the Collapse with the Headline 'the Breathtaking Program Has Collapsed'.
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The silent cry of the citizens made headlines. Yeni Şafak emphasized that the imposition of high interest rates halted production. Experts stated that the program enriched the 'hot money' lobby, not the people.
The pro-government newspaper Yeni Şafak ran with the headline "Şimşek's Anti-Inflation Program Has Collapsed" today. The newspaper leveled harsh criticisms, no less severe than those of CHP leader Özgür Özel, against the economic program implemented by Treasury and Finance Minister Mehmet Şimşek with the approval of President Tayyip Erdoğan: • "The first Medium-Term Program announced after the policy change in the economy in June 2023..." The po…
A huge gap emerged between the inflation target set in the first Medium-Term Program announced after the policy change in the economy in June 2023 and the actual figures. Şimşek promised to reduce inflation to 8.5% by 2026. However, even with the most optimistic estimate, inflation in 2026 will be 29%. This represents a 350% discrepancy between the target and the actual figure.
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