Mahfi Eğilmez Shared Important Predictions for the Minimum Wage

Famous economist Mahfi Eğilmez made striking evaluations about the Turkish economy in a recent program he participated in. Focusing on critical issues such as minimum wage, inflation, and budget balance, Eğilmez emphasized that the current economic situation requires structural reforms.

Considering that the current trend of inflation negatively affects pricing behaviors, Eğilmez stated that ordinary measures would be insufficient to improve inflation expectations. "Extraordinary things need to happen for the improvement of inflation expectations," Eğilmez said, referencing not only Turkey's historical challenges with inflation but also the high inflation history of countries like Argentina. In this context, he highlighted the fact that both countries tend to maintain inflation around the 30% level.

Another noteworthy evaluation by Eğilmez was about the minimum wage. His opinion that "the minimum wage should not be below 30 thousand lira" was met with great interest by a wide audience. Given the labor costs and living standards in Turkey, both the determination and increase of the minimum wage have become significant issues.

The challenging picture that Turkey faces necessitates not only the minimum wage but also the overall economic stability. Eğilmez pointed out that without strong structural measures, it would be difficult to cope with high inflation expectations. Strengthening the foundations of the economy will positively affect both individual living standards and the overall economic situation.

In conclusion, Mahfi Eğilmez's evaluations bring to light Turkey's complex economic structure and the factors that need to be considered during the determination of the minimum wage. The measures to be taken for achieving economic stability can lay the groundwork not only for today but also for building a more solid future.