MTEP/NEP: First impressions...

TURKEY - Report 20 Sep 2018 by Murat Ucer

The much-anticipated Medium-Term Economic Program (MTEP) – or the New Economic Program (NEP) by its new name -- was announced this morning by the Treasury and Finance Minister Mr. Berat Albayrak in a short presentation. (The document is available only in Turkish for the moment; English version of the presentation is available on the Treasury website).

Judging from lira’s fairly sharp swings during and after the presentation -- a sharp appreciation, followed by weakness that more or less offset the initial strength -- the market’s response to the MTEP has been broadly neutral to slightly negative.

Now read on...

Register to sample a report

Register
Sign-in
Forgot your password?
Copyright 2024 GlobalSource Partners. All rights reserved. This report is prepared for GlobalSource Partners’ clients and may not be redistributed, reproduced, stored in a retrieval system, retransmitted or disclosed, in whole or in part, or in any form or manner, without the express written consent of GlobalSource Partners. This report is distributed simultaneously to our website and other portals used by GlobalSource Partners. The information herein was obtained from various sources and is believed to be reliable but GlobalSource Partners does not warrant its completeness or accuracy. Neither GlobalSource Partners nor any Country Analyst, officer or employee accepts any liability whatsoever for any direct, indirect or consequential damages or losses rising from any use of this report or its contents.