The Medium Term Program, which initiates the budget process, is a main policy document that covers macro policies, principles, the Government's macroeconomic targets, revenue and expenditure forecasts for the next three years, budget balance and debt levels, and appropriation ceilings for public administrative bodies.
Name in original language
Orta Vadeli Program (2024-2026)
Initiative overview
The MTP (2024-2026), in line with the general framework of the 12th Development Plan (2024-2028), aims to strengthen macroeconomic and financial stability, promote high value-added production, achieve growth through increased productivity and exports with a focus on green and digital transformation and a permanent improvement in the current account balance, reduce inflation to single digits in the medium term, improve the business and investment environment, and establish a policy framework based on maintaining fiscal discipline while considering disasters preparedness and management.The initiative has the following objectives:- The use of green technologies, as well as digital technologies such as artificial intelligence,autonomous systems, cloud computing and big data analytics, will be expanded.- Public-university-private sector collaboration programs will be implemented to train skilledlabor in strategic areas such as defense industry, artificial intelligence, cyber security, cleanand sustainable energy, and aero-space technologies.- Creating value from data at corporate and sectoral level will be supported by providingadvanced digital skills, strengthening the data ecosystem and developing reliable artificialintelligence products and services.- The development of domestic technologies for digital transformation such as artificialintelligence, big data, cloud computing, blockchain, cyber security and cyber-physical systemswill be supported in the industry and service sectors.- Product verification, yield estimation, artificial intelligence and geographical informationsystems will be created for agricultural activities with digital applications.- Programs fostering public-university-private sector collaboration aimed at training qualified workforce in strategic fields such as defense industry, artificial intelligence, cyber security, clean and sustainable energy, and space technologies will be implemented.
Name of responsible organisation (in English)
Ministry of Treasury and Finance|Presidency of Strategy and Budget
