Debate Held on Reducing Effect of Devalued Lira

Possible measures aimed at reducing or easing the impact caused by the devaluation of the Turkish Lira against foreign currencies was debated by the government yesterday. A second meeting is expected to take place tomorrow.

The meeting which was held at the Ministry of Finance, was attended by former finance ministers from the opposition and other experts, who gave their views.

The public will be informed of any measures to be introduced, after Wednesday’s meeting.

Earlier, Minister of Economy and Energy Özdil Nami had announced that amongst measures being considered was switching to the use of Turkish Lira at customs, the real estate sector as well as lowering interest rates for TL loans and introducing other incentives for the use of the Turkish Lira.


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