Güçlü Ekonomiye Geçiş Programı Nedir? Detaylı Bilgiler ve Açıklamalar

(Strong Economy Transition Programme) The primary objective of the Strong Economy Transition Programme, initiated in the spring of 2001, was to reduce inflation, which had remained at high levels between 1974 and 2000, weakening the economy’s growth potential. To lower the ratio of domestic debt to national income, it aimed for a surplus in the non-interest budget balance while cutting public spending. To reduce the need for public sector borrowing, Public Economic Enterprises were reorganized, with plans for the privatization of some. During April, 15 laws were amended, and new guidelines for bank supervision were established. These measures yielded positive outcomes, leading to a decrease in inflation starting from the autumn of 2001. The decline in inflation fostered economic growth and initiated an increase in exports.