ANKARA, Jan. 22 (Xinhua) -- The Turkish government's Economic Coordination Council announced Monday that it has evaluated issues to be included in a draft bill for building the country's crypto-asset regulation.
It said in a statement that the council convened earlier in the day to discuss governance reform of state-owned enterprises and evaluate the progress of legislative studies on crypto-asset regulation.
Türkiye wants to get off the grey list of the global financial crime watchdog Financial Action Task Force and is working on regulation for preventing abuse on crypto platforms and risks for users.
The Turkish government is determined to bring structural reforms into effect in a bid to boost the economy's competitiveness and productivity, the statement noted.
"In 2023, important steps were taken to fight inflation, ensure fiscal discipline, balance growth, reduce the current account deficit, and strengthen reserves," said the council.
In 2024, the government's main priorities include more balanced and sustainable growth, continued employment growth, disinflation process, increased productivity, continued improvement in the current account deficit, and protection of social welfare, said the statement.
Along with structural reforms that complement the monetary policy, the government aims to reduce inflation to single digits in the medium term and permanently improve social welfare by making stable growth, it said. ■
