Treasury and Finance Minister Şimşek: The current account deficit will fall to pre-war levels in 2027
Original headlineHazine ve Maliye Bakanı Şimşek: 2027'de cari açık savaş öncesi seviyesine gerileyecek
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Turkish Treasury and Finance Minister Mehmet Şimşek said the current-account deficit as a share of national income is expected to fall by 2027 to its pre-war level, despite multiple shocks in 2026 that left the economic program only modestly off target. He credited the monetary and fiscal policy space built up for enabling fast responses to global shocks. The projection matters as a signal that Ankara expects external-balance strains to ease without abandoning its disinflation and fiscal stance. Investors will watch the 2027 current-account ratio against the pre-war benchmark and whether the policy room Şimşek cites is preserved through the 2026 shock cycle.
Muhabbit's AI wrote this summary in its own words from Dünya's report and translated it from Turkish. It can get details wrong, so check the source.
Named in this story
Mehmet Şimşek, Turkey, Hazine ve Maliye Bakanlığı