Representatives of business circles contacted the same point in their determination about the economy. Selman Esmerer, President of the New World Businessmen Association, said, "We can not control inflation nor foreign exchange without increasing production and exports. Economy cooling policies are being followed by raising interest rates, but they are wrong politics." he said. MUSIAD President Abdurrahman Kaan said that the interest rates should not increase anymore, "We will control the rate when we control inflation. I think we will balance the dry as long as we keep inflation under control by increasing production." he said.
Independent Industrialists' and Businessmen's Association (MUSIAD) President Abdurrahman Kaan was a guest at AA Finance Desk. Kaan, on a question regarding the expectations from the new system, industrial zones and free zones in Turkey much they care, manufacturing, production, investment and exports reported that they take very seriously. Kaan emphasized that more emphasis should be placed on the production side and planning was done on this area, and they conveyed that they would also support and work on this issue. Kaan emphasized the importance of improving the investment environment while raising production. "We talked about it with medium sized industrial zones. In this process it was also provided for its legalization. Small industrial sites square meters of 2 thousand 100 square meters." he said.
Kaan stressed that interest, exchange rate and inflation are all spoken of, but inflation is the main element of them, and that others will not be controlled unless inflation is controlled. Kaan, "Production economy, the inflation will not be left to the control of the Central Bank only," he said. Kaan, who stated that the struggle with inflation is the first priority for them, shared the necessary things to do about food inflation.
Kaan, saying that the interest rates should not increase the rhetoric, said: "We find the last decision taken by the Central Bank positive. The interest rate increases in the past periods and it is going up again after one month. To increase interest rate will be under pressure in Turkey is no longer a factor," he said.
Emphasizing that this should now be brought down, Kaan said, "When we control inflation, we will also control the rate. I think we will balance the dry as long as we keep inflation under control by increasing our production."
Selman Esmerer, Chairman of the New World Businessmen Association (YENİAD) said, "We can not control inflation nor foreign exchange without increasing production and exports. Economic cooling policies are monitored by raising interest rates, but these are false politics. The correct policy is to increase production as Erbakan does. We are constantly open to foreign trade. That's why we need to constantly strike. Today, Turkey's most successful business to take the debt. Take the debt, pay the interest, so it goes. National Opinion has been based on the foundation for 40 years, but the administrations did not implement it."