Turkish parliament approves 2016 administration budget

  11 March 2016    Read: 733
Turkish parliament approves 2016 administration budget
Deputy premier says target is to raise Turkey to high-income level country through new reforms
Turkish parliament has approved the government`s central administration budget for 2016 with 301 votes in favor and 129 against.

The budget was debated in the parliament`s planning and budget commission, and the general assembly during last few weeks before it got approved Wednesday.

Speaking at the general assembly, Turkish Deputy Prime Minister Mehmet Simsek praised structural reforms made by the AK Party government to raise income levels in the country.

We aim to raise Turkey to a high-income level country through new reforms that we have made in the last two years, Simsek said.

He said the reforms would consist of sector-wise reforms, micro-reforms, structural macro reforms, and EU accession process.

The deputy premier also highlighted the importance of women’s participation in the labor force.

“Women’s participation in the labor force has increased by 10 points within the last 10 years. This is a good development but not enough,” he said.

“We will continue putting regulations into practice, which will increase the rate of women participation in labor force,” he added.

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