Turkey to strengthen measures to stabilize economy amid market pressure

16:20 - 22.05.2026


May 22, Fineko/abc.az. The Turkish Financial Stability Committee said that the country's economy is able to withstand macroeconomic shocks due to its policies and capital reserves, but the authorities intend to take additional measures to stabilize, reduce inflation and ensure the stability of the financial system.

ABC.AZ informs that the decision was made amid a drop in the BIST 100 index by more than 6%, decline in bank stocks and weakening of the lira to record levels after political events relating to the court decision on the largest opposition party.