MTP 2025-27: A few quick reactions

TURKEY - Report 05 Sep 2024 by Murat Ucer

Vice President Cevdet Yilmaz, together with Treasury and Finance Minister Simsek and CBRT Governor Karahan, announced the Medium-Term Program (MTP) for 2025-27 this morning. As shown in Table 1 below, compared to last year’s MTP, the revised MTP sees somewhat slower growth and faster inflation, along with lower budget deficits for this and next year, as well as a markedly narrower current account deficit (CAD).

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