Speech Central Bank of the Republic of Turkey  Prof. Şahap Kavcıoğlu, Governor CBRT 89th Ordinary Meeting of the General Assembly 30 March 2021, Ankara  2  Esteemed Shareholders, Distinguished Guests On the occasion of this meeting, I would like to express my pleasure to be here with you today as the Governor of the Central Bank. I believe that we will duly fulfill our responsibility with all my colleagues at the Central Bank in the period ahead, and I wish that the new period will be beneficial to our country, our nation and our Bank. Today, we are holding this meeting under safety measures due to the coronavirus pandemic going on for the past year, which has deeply affected both our daily lives and world economies. I salute all the stakeholders and audience attending our General Assembly meeting either in this hall or in front of their screens. The pandemic that has been going on for over a year has caused, among other things, economic challenges and uncertainties all over the world. As you know, the measures that have been put in place to curb the spread of the pandemic since the first quarter of 2020 have adversely affected growth performance of economies all over the world. For this reason, countries have tried to mitigate the potential impact of the pandemic on their economies through expansionary monetary and fiscal policies.
Accordingly, it will set the ground for a sound and sustainable increase in investments, production, and employment. Dear shareholders, In the upcoming period, implementing the reforms set out in the Economic Reform Package announced by our Government will be crucial to reinforcing confidence and stability and thus, to achieving both a permanent fall in inflation and sustainable growth. On the other hand, like before, we will continue to use our communication channels actively to enhance the effectiveness of our policies and get the views and suggestions of our stakeholders. In line with the transparency and predictability principles, we will share our decisions with the public. As I end my speech, I would like to thank you all for your participation.