Development plan foresees ‘change and transformation’

Development plan foresees ‘change and transformation’

Development plan foresees ‘change and transformation’

Turkey’s 11th development plan will be a roadmap to improve the country’s position in the international arena and enhance its welfare, the country’s vice president said on July 9.

Speaking to the Turkish parliament’s Planning and Budget Commission, Fuat Oktay introduced the development plan to the commission members.

Oktay noted that the development plan foresees “change and transformation in every area.”

He said the plan would fulfill Turkey’s “basic values and expectations” by realizing its development vision.

According to the plan, Turkey aims to increase gross domestic product to $1.08 trillion by 2023, the centenary of the Turkish Republic, with a per-capita income goal at $12,484.

Under an economic program announced last September, Turkey aims to reach $226.6 billion in exports under the plan as well as single-digit inflation figures, marking a growth rate objective of 2.3 percent for 2019, 3.5 percent for next year, and 5 percent for 2021.

Oktay underlined that the government embraced the principles of the rule of law, powerful democracy and rights and liberties as a “carrier column” of the plan.

“We will attach importance to our energy and development policies during the period of the development plan,” Oktay said.