Minister of Finance and Treasury explains new economy package with measures against inflation

The Minister of Treasury and Finance Nureddin Nebati has explained the package, which includes measures against price increases, the integration of under-the-pillow gold (savings) into the financial system and KGF support.

He said,  “On December 20, our President announced a package of measures. This was the registration of faith in TL. The first step was a currency-protected deposit. The second step is gold savings. This model will bring under-the-pillow savings to the financial system. To date, the introduction of such gold into the economy has been carried out with stakeholders, without a holistic study (without success).

They will introduce physical gold savings into the financial system through jewelers and banks. They will be able to buy their gold physically if they request it. Physical gold delivery points will be banks, platforms and jewelers. There will be 1,500 jewelers in March. By the end of the year, 10 thousand jewelers will enter the system.”