Every minister who takes charge of the economy in Turkey tries different methods, asks for time and says that things will get better. However, economic indicators are always negative in Turkey, which cannot escape the spiral of inflation and high cost of living.
The "hopeful statements of economic expectations" that started with Berat Albayrak, who became the first Minister of Treasury and Finance of the Presidential system in 2018, have now become accustomed to the citizens.
Berat Albayrak, in his statements regarding the liquidity problem in the real sector, "October will be better than September, November will be better than October, December will be better than November, January will be better than December, and February will be better than January. I say it very clearly; February will be a better month than January in terms of banking liquidity," he has said.
However, in recent years, the liquidity shortage in the real sector continued and the economic crisis became even worse.
THINGS GOT WORSE IN 6 MONTHS
Lütfi Elvan, who took the helm of the Ministry of Treasury and Finance after Berat Albayrak, served as minister during the pandemic and claimed that the bad situation in the economy would improve despite everything.
Nurettin Nebati, who was appointed as the Minister of Treasury and Finance upon the resignation of Lütfi Elvan and evaluated the economy as "the sparkle in the eyes".
"Sleep for a while, wake up six months later, we will go to very different places in Turkey," Nebati has said.
However, in the six months following Nebati's words, the dollar increased from 11.52 TL to 16.72 TL, and fuel prices increased 3 times.
2026 IS EXPECTED FOR THE END OF THE ECONOMIC CRISIS
In the last five years, markets in Turkey had deteriorated and inflation had risen to record levels. The fall in the TL, which crashed like a truck with dead brakes, caused inflation to rise faster.
Mehmet Şimşek, who became the head of the Ministry of Treasury and Finance after Nurettin Nebati, took the seat with great expectations.
However, inflation and the rise in exchange rates could not be prevented during the Mehmet Şimşek period.
In the current period, the euro increased to 31.71 TL and the dollar increased to 29.06 TL. The policy rate increased from 8.5 percent to 40 percent in 6 months.
Claiming that Turkey's economic problems will end in 2026, Minister Şimşek said in a statement he made recently, "We will implement the program with patience and determination, we need time. There is no quick or easy solution, but when we look at the developments in many areas in the last few months, you will see that the program is working and we are on the right track," he has said.
Mehmet Şimşek also joined the caravan of the Minister of Treasury and Finance, who made "hopeful statements of economic expectations" and pointed to the coming periods.