Minister of Treasury and Finance Mehmet Şimşek stated, “We have sufficient tools at our disposal. There is no hesitation in implementing the program. We are working closely with our institutions.” According to a statement from the Turkish Banks Association (TBB), Minister of Treasury and Finance Mehmet Şimşek attended the TBB’s traditional iftar dinner. During the meeting with the TBB management, the developments in the world and Turkish economy were evaluated. Minister Şimşek pointed out that the Medium-Term Program (OVP) increased the resilience of the economy against shocks and strengthened it, stating, “Significant gains have been achieved through the program. Necessary measures will continue to be taken to maintain and improve these gains. We have sufficient tools at our disposal. There is no hesitation in implementing the program. We are working closely with our institutions.” He emphasized that the temporary fluctuations in the markets are closely monitored in coordination with all relevant institutions, and measures are being taken alongside predefined actions to ensure the program is steadfastly implemented. Minister Şimşek highlighted the contribution of the banking sector to the program, emphasizing that the sector is more robust and stronger due to the improvements in macro balances. TBB Board Chairman Alpaslan Çakar also noted that the banking sector believes in and supports the program, stating that Turkey’s balance sheet is always a priority for the sector, and they work in close communication and coordination with the economic management. Çakar added, “Our Minister’s determined stance towards achieving the program’s main objectives and establishing macro stability permanently also instills a separate confidence in our sector. The banking sector, with its high liquidity, quality asset structure, capital adequacy in line with international standards, strong correspondent relations, and prudent risk management approach, will continue to support our economy.”