President of ORSİAD, Levent Çamur, highlighted the contraction in the industrial sector. Çamur called for an increase in the monthly growth limit for SME loans. Levent Çamur, President of OSTİM Organized Industrial Zone Industrialists Business People and Managers Association (ORSİAD), stated that they continue to support the tight monetary and fiscal policy implemented to combat the current account deficit and inflation. Çamur pointed out that Turkey is facing the lowest growth rate seen in the last 4 years and emphasized the need to address the contraction in the industry. Stressing that the key to healthy growth lies in the industrial sector, Çamur stated that organizations producing for the domestic market need to be supported. ORSİAD underscored the importance of supporting SMEs to prevent the industrial sector from shrinking and an increase in bankruptcy and concordat applications. Çamur emphasized the need to minimize problems in accessing finance and suggested raising the monthly growth limit to 3% or above for SME loans.
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