Focusing on the disinflation process and ensuring price stability alongside sustainable growth remains the top priority, Vice President Cevdet Yılmaz said on Sunday while unveiling the new road map for the Turkish economy, covering the 2027-2029 period.
"The main point is to resolutely continue the disinflation process and permanently establish price stability," Yılmaz said while presenting the new Medium-Term Program (MTP) for the 2027-2029 period.
Speaking in Ankara, Yılmaz said that the government revised its growth forecast for 2026 to 3.3% from an earlier 3.8% and that it expects inflation to end the year at 28.4%.
"We expect inflation to start declining again in the fourth quarter of 2026 and to reach 28.4% by the end of the year," he said in a televised address.
Under the new program, inflation is projected to fall to 21% in 2027, 13.5% in 2028 and 9% in 2029, the vice president also said.
