EKK's 2027-2029 OVP Strategy: Industrial Support and Credit Restructuring

EKK’s 2027‑2029 Special Asset Plan presents a comprehensive roadmap to strengthen Turkey’s macro‑economic balance and broaden credit incentives for industry.

Economic Momentum: Stability and Growth

■Sustainable growth: The seventh meeting highlighted a steady growth trajectory.

■Unemployment decline: Unemployment rates have dropped to low levels.

■Disinflation: The fight against inflation continues.

■Current account balance: The deficit as a share of GDP remains at sustainable levels.

Credit Enhancements for Industry

■Subsidy per worker raised to 3,500 TRY.

■Daily discount credit limit increased to 5.0 bn TRY.

■Investment‑Commitment Advance Credit Program limit set at 750 bn TRY.

■250 bn TRY additional credit support for manufacturing.

Tourism Sector Hazine Guarantee

■An extra 60 bn TRY of financing with Treasury guarantee will be made available to tourism.

Structural Reform and Fiscal Discipline

■Food and housing supply‑side policies will continue to curb inflation.

■Social welfare expansion is a priority while maintaining fiscal discipline.

Inclusive OVP Process

■Transparent engagement with public bodies, private sector, civil society, and academia.

■Structural policy areas identified and implemented to achieve OVP targets.

Markets will likely feel reassured by EKK’s clear, participatory approach for 2027‑2029, yet the rise in credit limits could push borrowing costs higher. Therefore, consumer credit rates and fees must remain transparent and competitively priced.