Finance

ITO Leader Avdagic: 2023 will be the year of production

ITO leader Şekip Avdagic commented on his social media account that the discounts will have positive effects on the exporter.

Istanbul Chamber of Commerce (ITO) Leader Şekib Avdagiç said, “We will see the positive impact of the discounts on our competitiveness, especially in exports. 2023 will be the year of production.” used his words.

Avdagic, in his post on his twitter account, appreciated the EMRA and BOTAŞ’s explanations for the reduction in power prices.

Avdagiç said, “The expected 12 percent reduction in industrial electricity and the 13.30 to 17.22 percent reduction announced in natural gas will have a double return to our economy in production and employment.” commented.