Erdogan: Türkiye forms effective mechanisms to combat crises

Over the past 20 years, Türkiye has made a powerful leap in its development. If in 2002 the volume of Turkish exports did not exceed $30 billion, today we are already talking about an indicator of $250 billion.

Turkish President Recep Tayyip Erdogan made the remarks on October 8 at the opening of a number of facilities in the western province of Balikesir, Anadolu reports.

According to the head of state, the new period of Türkiye's development coincided with serious cataclysms on the world stage.

"The political and economic balance in the world is fundamentally changing. Economic and social problems associated with the consequences of the pandemic, conflicts and wars are growing everywhere. There are large-scale changes at the global level, and Turkey also cannot avoid the consequences," the president said.

He noted that the difference between Ankara is that the Turkish authorities took into account these trends 8-9 years ago, faced with many challenges. "We focused on the maximum development of infrastructure, formed anti-crisis mechanisms, which made it possible to minimize damage to the population and economy from external processes," he explained.

Erdogan pointed out that, unlike developed countries, Türkiye is ready for the upcoming winter.

At the same time, the employment rate in Türkiye has reached a record 31 million jobs. Factories and plants are opening all over the country, cities are growing, industry is developing, including defence.

Erdogan called high inflation the biggest problem on the way of development of Türkiye.

"The government is fighting against sharp price fluctuations and aims to index the incomes of the population in accordance with the level of inflation," the head of state assured.