Timothy Ash defends Simsek's economic program and urges structural reforms in Türkiye
Updated
Updated · Türkiye Today · Apr 22
Timothy Ash defends Simsek's economic program and urges structural reforms in Türkiye
8 articles · Updated · Türkiye Today · Apr 22
Ash highlights that under Simsek, inflation dropped from over 70% to just over 30%, reserves doubled to $200 billion, and the fiscal deficit neared 3% of GDP.
Despite political and external shocks, including the Gulf war and domestic opposition, Ash credits Simsek for stabilizing the lira, dismantling the KKM scheme, and improving tax compliance, while warning against policy loosening or Simsek's dismissal.
Ash calls for accelerated structural reforms in energy, education, and integration with Europe, arguing these are essential for competitiveness and resilience, especially as Türkiye prepares to host the NATO summit amid heightened regional tensions.
Will new tax cuts for exporters be enough to save them from the impact of a strong lira?
Why does the IMF demand tighter policy for Turkey when domestic voices are calling for immediate relief?
Is Turkey's strong lira policy sustainable amid a new Gulf war, or is a painful devaluation now inevitable?
Is Turkey's import boom, not the Gulf crisis, the real hidden threat to its economic stability?
Can the EU-Turkey economic partnership survive Europe's push for 'strategic autonomy' and growing geopolitical mistrust?