Turkey 2023 plan - goals for 2023 in the Turkish economy, what are they?


What is Turkey's plan 2023 What will Turkey do 2023?

Turkey Plan 2023

The Turkish parliament approved the official plan for Turkey for the year 2023, including the eleventh development plan. According to the plan, inflation will be 5% in 2023.
Turkey's plans in past years did not achieve most of the previous goals due to the events and economic and political crises that Turkey previously fought, such as the treacherous coup attempt that occurred in 2016. 

The official estimates of the Turkish state regarding the state of the economy in 2023 are as follows ...

Raise the Turkish national income

As of 2018, the size of the Turkish economy was 784 billion dollars, and by the year 2023, according to the plan, the gross national product of the Turkish economy will rise to 1 trillion, that is, it is expected to increase by an increase of 80 billion dollars annually.

Reducing inflation

According to Turkey's 2023 plan, it is expected that inflation in Turkey, which now stands at 15% in 2018, will be reduced to only 5%.

Annual per capita income in Turkey

As of the end of 2018, the annual per capita income in Turkey is $ 9,632. By 2023, according to Turkey's plan, per capita income is expected to reach 12,484 dollars.

Employing 33 million workers

According to the Turkish plan, by the year 2023, 33 million people will have been registered as working in Turkish government jobs, it is mentioned that in the last plan 2018 the number of employees was 28.7 million.

Raise the size of the growth

Turkey is expected to record a growth of 4.3 percent annually between 2020-2023.

Reducing the unemployment rate

The unemployment rate in Turkey reached 11 percent in 2018. According to the eleventh development plan approved by the Turkish Parliament, the unemployment rate is expected to reach 9.9% by 2023.

It is worth noting that Turkey prepares its economic plan every five years and the previous line, as mentioned, did not succeed as expected due to the political problems that Turkey experienced in the midst of the 2016 coup.

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