In Turkey, there is a strong correlation between tax revenues and economic activity. Tax revenues decrease in periods of economic contraction and increase in periods of economic expansion.
The timely, targeted and temporary fiscal measures such as funding support and employment incentives have a high multiplier effect and a significant potential for creating tax revenues, which is expected to limit the impact of these measures on the budget deficit to some extent.
Ensuring efficiency in post-production supply processes is as critical as boosting productivity for a healthy price formation in fresh fruit-vegetable products.
The fact that the effectiveness of fiscal policy increases in low-growth periods enables the implementation of countercyclical expansionary fiscal policy without a lasting deterioration in fiscal discipline.
