President Recep Tayyip Erdoğan introduced the Medium Term Program (2024-2026), which will shape Turkey's future, at the Presidential Complex. In the section of the program focusing on the financial sector, he drew attention to the work on the development and dissemination of Turkey's own digital currency, the Digital Turkish Lira.
"Our work on our digital Turkish lira is ongoing; we will share the timetable for this separately." President Erdoğan emphasized that they will focus on the development of the participation finance sector in a wide range and support the Istanbul Finance Center project. He also stated that they aim to make Istanbul a global financial center by encouraging innovation and participatory finance activities.
As part of this important step, Turkey's own digital currency, the Digital Turkish Lira, will transform the country's financial infrastructure and make it a competitive player in the international arena. The digitalization of securities and the ability to transact through smart contracts will make Turkey's financial markets more transparent and efficient.
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