President announces new economy plans: ‘We will continue to cut interest rates’
- June 6, 2022
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In this time when we are being dragged into an economic bottleneck, we look forward to all the new news with great curiosity. At the cabinet meeting held
In this time when we are being dragged into an economic bottleneck, we look forward to all the new news with great curiosity. At the cabinet meeting held
In this time when we are being dragged into an economic bottleneck, we look forward to all the new news with great curiosity. At the cabinet meeting held today, President Erdogan’s statements included 3,600 additional indicators and statements about the economy.
During the meeting, which lasted about two and a half hours, President Erdoğan explained the details of 3,600 additional indicators. It will take effect from January 2023. Let’s take a look at the details of the Supplementary Indicator Scheme.
According to Erdogan’s statements, work on the regulation of additional indicators has been completed. With the regulation, the additional indicator will not only target teachers, police and health professionals; including a scheme for all civil servants It was stated that there will be a 600 point indicator in the additional indicators of civil servants.
With the new regulation general vice directors additional indicators from 3,600 to 4,400† branch manager and district manager Additional indicators of managers at the level of from 2,200 to 3,000 will come true† The increases will also be reflected in retired officials. The supplementary indicator scheme will come into effect in January 2023.
It was said that Turkey’s economic program, based on growth through investment, employment, production, exports and the current account surplus, has begun to be implemented. It is not inflation in a technical sense, but an actual inflation in the country. It’s a cost of living problem The president stated that they would not raise interest rates and would continue to lower them.
With the widening of the inflation gap that will take place in July, lighten the wallets of the minimum wage earners is planned. The aim is to encourage the production of products with increasing prices and thus prevent price increases. At the same time, it is reported that interest rates will not rise, on the contrary, efforts are being made to lower them.
With these new regulations, a fall in the prices of pocket fire products is expected. This change has been made to the additional indicator; a phenomenon that determines civil servants’ salaries while they work, and their bonuses and salaries when they retire. For this reason, with the entry into force of the new regulation, an increase in salaries can be observed.
Source: Web Tekno
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