Citi: Fiscal and Revenue Policies Are Not Adequately Supporting CBRT's Efforts to Reduce Inflation

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Citi: Fiscal and Revenue Policies Are Not Adequately Supporting CBRT's Efforts to Reduce Inflation

Institutional economists Ilker Domaç and Gültekin Işıklar stated that Turkey's fiscal and revenue policies do not adequately support the Central Bank of the Republic of Turkey's efforts to reduce inflation. The economists emphasized that excessive reliance on monetary policy could lead to suboptimal outcomes and exacerbate economic difficulties.