Prime Minister Recep Tayyip Erdogan spoke at the Foreign Economic Relations Board (DEIK) annual meeting in Sisli Marriott Hotel.

Switch to TRY

Erdogan reminded his call for Turkish Lira usage in trade and investments. He claimed that the people who postpone their investments and projects are as dangerous to the economy as the ones who do it intentionally. The government will continue supporting new investments and provide necessary funds. He said the mobilization is not going out to the streets with guns, it is fighting against terrorism with working hard and investing more. Erdogan also stated that he calls for people to change their trade currency from USD to TRY because it can be clearly seen that USD is used to control Turkey’s economy by the external forces since the 1994 crisis.

Interest Rates Must Be Lower

Erdogan said investment, switching to TRY and providing employment are the important factors for fighting the obstacles in Turkey.  The banks, including the public ones, must decrease their interest rates in order to support investors. Banks should be more helpful to investors and entrepreneurs because investments at hard times ensure a country’s safety and power.

We Will Not Allow It

Erdogan also mentioned Firat Shield Operation, saying there has been people who criticized it but the operation was inevitable. Without the operation, the cities of Gaziantep, Kilis and Sanliurfa would always be under threat. They need to clear the area around in order to ensure Turkey’s safety. He said the aim of those threats was establishing a new state in Northern Syria and they will not allow it to happen.

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