Turkey unveils economic reform plan to boost investor confidence

Source: Xinhua| 2019-04-10 20:33:51|Editor: xuxin
Video PlayerClose

ANKARA, April 10 (Xinhua) -- Turkey's Finance and Treasury Minister Berat Albayrak announced on Wednesday an economic reforms package focused on the financial sector in a bid to tackle an economic slowdown.

The financial sector is prioritized in the new structural reforms that will apply for this year, Albayrak said at a news conference in Istanbul.

"Strengthening state-run lenders' capital structure will be our first step," he said.

Turkish Treasury Ministry will issue five-billion-U.S.-dollar government debt securities as part of measures to bolster state-run banks' capital structure and make their financial balance.

Albayak said structural reforms in agriculture will target high food prices.

The package also includes tax adjustments, pension reforms, and loans to strategic sectors, exports, value-added and local production, according to the minister.

Turkey's economy has consolidated sustained growth for years but last month it entered its first recession in a decade after a currency meltdown last summer, which resulted in the growing bad debts for banks.

TOP STORIES
EDITOR’S CHOICE
MOST VIEWED
EXPLORE XINHUANET
010020070750000000000000011100001379660191
国产无码在线观看免费在线,37pao国产成视频,日韩一区二区视频在线,国产国产人免费人成免费视频麻豆
天天躁久久躁中文字字幕 | 中文字幕亚洲无线码高清 | 中出受孕中文字幕在线 | 久久国产精品亚色影院 | 日本激情视频一区二区三区 | 视频一区二区三区四区在线综合网 |