Turkish Finance Minister Berat Albayrak is crossing the newswires as he talks about the conference held with foreign investors today.
Key quotes (via LiveSquawk)
- Fiscal discipline target to be reached by tighter spending, no deviation from fiscal path.
- Government will see expenditure cuts.
- Fiscal discipline one of main anchors of economy.
- Focus on attractive FDI.
- No IMF plans.
- We do not any plan for capital controls.
- We full understand and recognise all domestic challenges.
- We are dealing with market anomaly now.
- Will come out of this volatility stronger.
- Banking sector healthy and strong.
- Doing stress tests on NPLs.