Cevdet Yılmaz announces: Turkey's new three-year economic roadmap to be unveiled today

Turkey is counting down to the presentation of an updated economic roadmap intended to guide the country through the next three years. The revised Medium-Term Program will be presented publicly at the Presidential Complex on Sunday at 11 a.m.

Deputy President Cevdet Yılmaz announced the meeting on social media. He said Turkey would continue pursuing stable and predictable policies at a time of rising global and regional risks. He also said the revision incorporates new strategic priorities, describing the program as a product of collective judgment and institutional experience.

The plan was prepared jointly by the Treasury and Finance Ministry and the Presidential Strategy and Budget Directorate. It serves as the government's main framework for inflation, employment, growth targets and price stability. The new document is expected to highlight a timetable for structural reforms, spending ceilings for public administrations and growth policies.

The new targets will take effect after President Recep Tayyip Erdoğan approves them and they are published in the Official Gazette. The existing 2026-2028 program projected growth of 3.8% in 2026, 4.3% in 2027 and 5% in 2028. It targeted end-2026 inflation of 16%, followed by 9% in 2027 and 8% by the end of the program. The plan also aimed to reduce unemployment from 8.4% in 2026 to 7.8% in 2028.

Existing targets called for exports to reach $282 billion in 2026 and $308.5 billion in the final year, while imports were projected at $378 billion and $410.5 billion. The budget deficit was to fall to 3.5% of gross domestic product in 2026 and 2.8% by the end of the program.

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I hope that the program, a reflection of our collective judgment and institutional experience, will already bring benefit to our country, and I thank everyone who contributed.