There is nothing to exaggerate there.

Minister of Treasury and Finance Mehmet Simsek, CNN’s famous programmer Richard QuestHe spoke to, questions asked to Şimşek about the economy came to the fore

Richard Quest asked Şimşek, “How are you going to do all this without straying from your path? Are you inflating your debt? Are you repairing the damage caused by your own government?” posed the questions.

There is nothing to exaggerate there.

According to the news on Halk TV, Şimşek’s answer to these questions was as follows:

“In the long run, growth and disinflation do not cancel each other out. In fact, in the 20-year period since we reduced inflation 20 years ago, we have increased Turkey’s real GDP growth rate by approximately 1.5% compared to the previous 20 years. The best way to achieve sustainable high growth rates is price Turkey’s GDP-to-debt ratio is 29.5 percent, while the average in emerging markets is 69 percent. Therefore, there is nothing to exaggerate. Now, let’s be fair. I respect your point of view, but it created a serious hole in the budget last year. “We had a large-scale earthquake. What I mean by treating financial health is about dealing with the huge spending pressure caused by the earthquake.”