Erdogan: Resolving the problems caused by inflation is the most urgent issue in the coming days

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Erdogan: Resolving the problems caused by inflation is the most urgent issue in the coming days

President Recep Tayyip Erdoğan also gave messages regarding the economy in his balcony speech. Erdoğan said, "Eliminating the problems caused by price increases caused by inflation and compensating for welfare losses are the most urgent topics of the coming days." President Erdoğan also gave messages regarding the economy in his balcony speech at the Presidential Complex after the elections. The prominent statements in Erdoğan's speech were as follows: My dear nation, my valuable brothers and sisters, now that the elections are over, we will completely allocate all our time and energy to working, producing works and providing services. Healing the wounds of the February 6 earthquakes, the disaster of the century, restoring our destroyed cities and connecting our people to life will continue to be at the top of our priorities. Not only our hearts but also our hands will always continue to be above the earthquake zone. Eliminating the problems caused by price increases caused by inflation and compensating for welfare losses are the most urgent topics of the coming days. Wasn't it us who proved these by reducing interest rates to 4.6 and inflation to 6.2 during my term as prime minister? We have experienced and done this work, but do they have such a concern? Let's talk about these things. If we do it, we will do it again. Yes, right now the interest rate has been lowered to 8.5 and inflation will also decrease. They cannot compete with us. They will stand guard at the door of the IMF. Do you know how we started our break from Davos? Play Video And Babacan was with me in Davos at that time. And we are meeting with the head of the IMF in Davos. At that time, we owe 23.5 billion dollars to the IMF. I said to the head, 'Are you collecting your installments, therefore you cannot intervene in the political fate of Turkey. I am the prime minister of Turkey, you will only collect your installments.' We paid the last installment in 2013, our relationship with the IMF ended after that. What was this CHP saying, you still need to borrow from the IMF. That is your business, not ours. 10 years have passed since that day. We did not borrow from the IMF. At that time, the Central Bank had 27.5 billion dollars in foreign exchange reserves. They will go to England and bring 3 billion dollars. They will not give you a penny with holes, the loan shark knows very well who to give money to. The fate of those who ask money from loan sharks was revealed at the ballot boxes. We are now walking on our path with sure steps. Trust and stability, these two concepts are very important. I have always talked about this with my friends in politics. We will establish a strong economic management on these two concepts. We are designing a production economy focused on financial management, investment and employment. We will make the opportunities provided by our increasing production power in every field, industry, energy, the locomotive of a new economic breakthrough that will surprise everyone. Did we give natural gas to our citizens free of charge for 1 month? Did we announce the decision to give 25 cubic meters of natural gas to our citizens as a gift of the Presidency for 1 year? Now oil has been found in Gabar. It was not found by lying down. It was found by working. Previously, we could not extract oil there because the terrorists, who were in close contact with Mr. Kemal, were pouring concrete there. But now we have extracted it. With this, the balances disrupted by global developments are being reestablished. We will continue on our way with investments that will raise the bar even higher in the fields where we have provided our country with century-old gains, such as education, health, transportation, energy, industry, agriculture, tourism and sports. We will continue to expand and implement practices that will meet the conditions of the country and the expectations of our youth. We will further advance our infrastructure and insurance system, which are taken as an example by the world in health. We will increase the number of city hospitals. We will further strengthen Turkey's position by carrying investments in transportation and energy, which are the basic infrastructure of development, to a global level. Mr. Putin reiterated in his congratulatory message that Turkey, namely Thrace, will become a region. We will take this step with them. Thrace will become a center. We will increase the brand value of our industry, especially our defense industry. We will implement a system that increases producer incomes in agriculture and animal husbandry, which has made us one of the most important actors in the world food sector. We will continue the momentum we have gained in services and tourism. We will develop our social aid and support system until we reach a level where not a single individual of our nation will feel abandoned.