Turkish government should focus on economy, says Ozilhan
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Turkish government should focus on economy, says Ozilhan


Turkey’s economy is slowing and the current account deficit is widening, businessmen have warned.

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Güncelleme: 16:37 TSİ 14 Mayıs 2008 Çarşamba

ANKARA - The Turkish government needs to direct its focus on economic issues and also maintain a tight fiscal policy, a senior industrialist warned Wednesday.
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The Turkish government has lost its focus on the country’s economic issues of late, instead becoming involved in political issues, according to Tuncay Ozilhan, the chief executive officer of the Anadolu Group.

“Taking the worsening global conjuncture into consideration the economy must be put to the top of the governments agenda,” Ozilhan said.

This global crisis is now beginning to be felt in Turkey, said Ozilhan, a former chairman of the Turkish Industrialists’ and Businessmen’s Association.

“The government is a little late in taking the necessary measures and the easing fiscal discipline is making businessmen uncomfortable,” he said.

“What’s more, there are concerns of a further easing ahead of the upcoming local elections.”

 

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