Turkey: Industry to be new economic model’s driving force

The News Craving

By Vugar Khalilov The industrial sector will be the driving force of Turkey’s new economic model to save the economy from price scissors, Yeni Shafak has reported. Contrary to the economic policy that prioritized high-interest rates, the industrial sector will be the main actor in the new economic model, which promotes investment, production, employment and exports, the report added. It was added that the number of employees in the industry grew by 116 percent and reached 4.7 million. Despite the challenges of the pandemic, the number of industrial workers increased by 700,000 people in 2021. …

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