Speaking during an Economy Coordination Council (EKK) meeting in Denizli on Sunday, Babacan said the government has plans to make comprehensive changes to current laws concerning business operations but that opposition parties are standing against any such reform. Underlining that the reforms that the government is studying will help modernize the Turkish economy, the minister requested that representatives of the business world and unions urge the opposition to cooperate with the government to this end.
Underlining that Turkey managed to overcome problems due to a global credit crunch last year to a great extent, Babacan said: “The government expects to strengthen the economy with some new reforms and changes in the laws; however, the opposition is dragging its heels and staying out of the process. The Turkish economy needs some modern reforms. This will be for the benefit of the entire country, from the smallest businesses to large ones. Yet when we announce our intent to make a change in the trade law, the opposition challenges this. ... When we ask them to state their reasons, they say nothing.”
The minister criticized the opposition for “hindering the Turkish economy’s development.” “We are talking about fundamental reforms that will open the way for further growth in the Turkish economy. The government is aware that these steps must be taken as soon as possible.”
