Karahan Says Turkey Fiscal Policy Won't Be Expansionary

The video discusses Turkey's impressive GDP growth of 11.1% in the third quarter, highlighting the economy's resilience to shocks. It examines the role of domestic and external demand, investments, and exports in driving growth. The Central Bank's efforts to control inflation through interest rate adjustments are explored, alongside the importance of maintaining price stability. Government policies, including fiscal discipline and credit guarantees, are analyzed for their impact on economic performance. The need for sustained growth to address unemployment and the dynamic labor force is also emphasized.

In what ways did the Turkish economy prove its resilience after the shocks of 2016?

What is the relationship between interest rates and inflation according to the Turkish President?

What are the expectations for government policy and its impact on the economy?

What challenges does Turkey face in reducing its unemployment rate?