Turkey's first target is setting stronger public finance structure to guard against risks, with fiscal discipline the top priority, the president underlined.
"In addition to the central government, we aim to create a thrifty perspective in local administrations as well."Noting that the government knows of the difficulties small business owners have been struggling with during the pandemic, Erdogan said the reform package also includes a tax exemption for low-income tradesmen.
"We have also included the tax problems faced by international investors within the reforms," he noted, adding that the country is revising double taxation avoidance agreements to prevent possible problems that may arise.