Zeki Ceyhan: "What did you understand from this?"

Zeki Ceyhan: "What did you understand from this?"
Date: 11.7.2023 17:00

Milli Gazete columnist Zeki Ceyhan writes on Türkiye's economy. Here is the full article.

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Mehmet Şimşek, Minister of Treasury and Finance, shared a series of posts on his social media account.
 
Mehmet Şimşek's sharing is as follows:
 
“We will not allow permanent deterioration in public finance indicators by controlling the budget deficit and re-establishing fiscal discipline.”
 
What did you understand from this post?
 
If you want, let's try to explain what we understood first.
 
Doesn't this post show that there is a budget deficit that needs to be brought under control first?
 
Of course it does!
 
What else does it show?
 
Of course, it shows that fiscal discipline needs to be "established" again!
 
What else does it show?
 
It shows "permanent deterioration" in public finance indicators and it is said that this will no longer be tolerated.
 
From these posts, we understand that the economic policies of the government in the past have been harshly criticized.
 
Mehmet Şimşek's social media post also mentions other things.
 
And it is said, "We will support the Central Bank's fight against inflation by reinforcing the harmony between monetary policy and fiscal policy."
 
These statements show us that in the past, monetary policy and fiscal policy could not be harmonized and the Central Bank's fight against inflation was not supported.
 
In other words, just as an opponent criticizes the economic policy of the government, Treasury and Finance Minister Mehmet Şimşek criticizes the policies followed in the past.
 
What we are wondering now is how those who have embraced the economic policies pursued so far will take a stand in the face of these severe criticisms!
 
In other words, will the criticisms voiced by Mehmet Şimşek be suppressed, or will they counterattack and voice the mistakes that are being made now?
 
To find out, we have to wait a bit, so we have to be patient!
 
Yes, we understood these from the social media posts made by Mehmet Şimşek!
 
What did you understand?
 
Did you understand similar things?
 
Undoubtedly, you may have understood many different things.
 
But we think we agree that the posts are not edible!

YEREL HABERLER

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