Turkey needs patient approach to combat inflation -vice president

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Ankara (Reuters) – Turkish Vice President Cevdet Yilmaz said on Tuesday there was agreement at a meeting of government officials and business leaders on the need for a patient and persistent approach to combat the country’s chronic high inflation.

Speaking after the meeting, Yilmaz said that it was important to limit government spending and that the government’s medium-term programme will include structural reforms, with more flexible policies planned for companies to finance exports and production.

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