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Turkey’s Finance Minister Elvan: No compromise from free-market mechanism

Turkey will not do away from its free-market mechanism and a free-floating currency regime, the country’s Finance minister Lutfi Elvan said in a statement on Monday.

Additional quotes

“Fiscal policies will support monetary policies to achieve price stability.”

“The macro policy framework would continue until there is a lasting fall in inflation, which has been double-digits for most of four years.”

 

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