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Türkiye introducing new measures to curb persistent inflation

Turkish finance minister on Monday said Türkiye is introducing a series of measures to "discipline public spending" with increasing effectiveness in a bid to tackle persistent inflation.

The most important priority of "the savings and efficiency package in the public sector" is to eliminate the cost of living and reduce inflation to single digits, Türkiye's Treasury and Finance Minister Mehmet Şimşek said at a press conference.

Price stability is the most important component of prosperity and sustainable high growth, Şimşek stressed.


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