The statement, released following a meeting of senior ministers in Ankara, said that Turkey’s current account deficit had been negatively affected by the increases in the costs of energy imports over the past three months. This was despite the strong performance of exports, the statement said.
Increasing prices of energy and basic food items had also had a negative impact on inflation rates, according to the statement.
However, the government was committed to carrying out cautious financial and fiscal policies.
To counter the rising costs of fuel and commodities, the utilization of regional possibilities in energy and food matters will be speeded up and the implementation of Southeast Anatolia Project will gain momentum, the statement said.
