In his speech at the Financial Literacy Platform, Minister Şimşek said, “As of the summer months, inflation will decline very rapidly. Monthly inflation has started to match our targets”.
Treasury and Finance Minister Mehmet Şimşek spoke at the Financial Literacy Platform. “We are working with the Ministry of National Education and the Capital Markets Board of Turkey to add financial literacy to the curriculum,” Şimşek said, adding, “We would prefer our citizens to direct their resources to capital markets, not to donate them.”
The highlights of Minister Şimşek’s speech are as follows:
When we reduce inflation to single digits, capital markets will come to the fore more strongly.
Inflation will reach its peak in May on an annual basis. With monetary policy and fiscal policy steps, inflation will decline very rapidly starting from the summer months.
Monthly inflation has started to match our targets.
The stock market is not a playground
The stock market is not a playground; we need to make decisions based on evaluations based on information and analysis. Investment decisions should be made based on evaluations based on information and analysis, and financial literacy is important for all segments of society.
