Yılmaz shared data regarding the Turkish economy at the YDK Meeting.

Important Announcements from the Investment Advisory Committee (YDK) Meeting

Cevdet Yılmaz, during the Investment Advisory Committee (YDK) meeting held at the Presidential Dolmabahçe Working Office, emphasized the progress made in the Turkish economy over the last 22 years. Highlighting developments in Turkey's production capacity, infrastructure, exports, and human capital, Yılmaz stated that the national income, which was around 238 billion dollars in 2002, is expected to approach 1.4 trillion dollars by the end of 2024.

Per Capita Income and Export Record

Yılmaz expressed that during the same period, per capita income is expected to quadruple and approach 15 thousand dollars. He also pointed out that Turkey has increased its share of the global investment pie fivefold, reaching 1%. He reminded that export figures, which were 36 billion dollars in 2002, will reach 262 billion dollars in 2024, breaking the record in the history of the Republic.

International Investments and Employment Growth

In the last 15 years, international capital companies have carried out approximately one-third of the exports. Yılmaz stated that these companies created 1.3 million jobs and accounted for 30% of the private sector's R&D expenditures. He emphasized that Turkey has attracted a total of 282 billion dollars in investments between 2003-2025 and reached its goals in a short period.

Improving the Investment Environment and Digital Transformation

Yılmaz said that reforms made through the Investment Environment Improvement Coordination Board (YOİKK) and Investment Advisory Council have transformed Turkey's investment environment into a safe and predictable one that meets world standards. He mentioned the launch of a new incentive system in recent months aimed at increasing digital and green transformation investments.

Future Goals and Economic Growth

Yılmaz noted that they expect a 3.3% growth rate for the year 2024 and their goal is to reach an inflation rate of below 20% by 2026. He emphasized the targets of approaching a national income of 1.9 trillion dollars and increasing per capita income to 21 thousand dollars by the year 2028.

Global Supply Chains and Turkey's Role

Yılmaz pointed out that Turkey's strategic location adjacent to Europe's production corridor, its strong industrial infrastructure, and advanced logistics networks play a significant role in this transformation. He stated that they aim to expand the local supplier pool through the Global Supply Chain Program.

Conclusion and Vision

It was stated that the Investment Advisory Committee will reinforce Turkey's position as a reliable, predictable, and competitive center for investors. The topics discussed in this meeting will serve to strengthen the country's position in the global economy.