Medium-Term Program

Based on the Medium-Term Program's clause that "premium debt monitoring and collection processes will be made more effective," reports say employers who have not applied for restructuring may face the cancellation of incentives, as well as enforcement and seizure proceedings between October and December. The deferral interest rate had been cut from 39% to 29% annually.…

Treasury and Finance Minister Mehmet Şimşek said disinflation is not progressing at the desired pace but will be maintained during the election period. He said year-end inflation would have been around 20-22% without the war, and civil servant and pensioner salaries would rise at least as much as inflation.…