2.14 Cooperation with Public Institutions

2.14.1 Coordination Activities

The CBRT continued to monitor and coordinate progress on decisions taken at the Economy Coordination Board (ECB) meetings for which the CBRT is the responsible institution.

To serve as a basis for the 2024 Monitoring and Evaluation Report of the Presidential Annual Program, the CBRT monitored the activities and performance indicators in the scope of the measures and activities that are in the CBRT’s mandate, and reported progress on the Presidential Plan and Program Monitoring and Evaluation System (CPPDIS). The CBRT also contributed to the preparation of the Presidential Annual Program for 2025 carried out in the framework of the Twelfth Development Plan. The CBRT made contributions to the reporting process of the Action Plan implemented by the Investment Office of the Presidency of the Republic of Türkiye in cooperation with stakeholder institutions and organizations in the scope of Türkiye’s Foreign Direct Investment (FDI) Strategy covering the 2024-2028 period.

In addition, the CBRT continued to respond to written questions that fall within its mandate.

  • Participated in the “Data Governance Framework- Recommendation Report for Türkiye” meeting organized by the Digital Transformation Office of the Presidency of the Republic of Türkiye and the United Nations Development Programme on February 21, 2024.
  • Participated in the 18th Meeting of the Statistical Council organized by TURKSTAT on May 15, 2024.
  • Contributed to the Training Evaluation Meeting held jointly with TURKSTAT on June 6-7, 2024 with a presentation on “Compilation of Commercial Loan Data by Direct Reporting”.
  • Participated in the meeting on Direct Investment Statistics organized jointly with the Investment Office of the Presidency of the Republic of Türkiye on July 3, 2024, and made a presentation on “Direct Investment Statistics and Türkiye’s Experience”.
  • Participated in the “IPA MBP 2022 Multi-beneficiary Statistical Cooperation Program” organized by TURKSTAT on October 31, 2024, and the opening speech was delivered by the CBRT representative.
  • Participated in the “Open Government Data Workshop” organized by the Digital Transformation Office of the Presidency of the Republic of Türkiye and SETA on November 7, 2024.

2.14.2 Food Studies

The CBRT participated in the Food Committee and the Food Subcommittee meetings, made presentations and shared the necessary technical studies with stakeholders in the form of reports. In this context, in 2024, the Bank provided information on food and agricultural products prices, presented research on pricing behavior and participated in working groups established under the Food Committee.

The Food Committee focuses on identifying and solving structural and cyclical problems in the agriculture and food sectors in line with the objective of ensuring stability in food prices and increasing predictability. Relevant ministries and organizations are represented at the highest level at the Food Committee meetings and concrete policy measures are implemented in line with the decisions taken. In 2024, the Food Committee convened twice and the Food Sub-Committee convened seven times and took decisions on issues such as food price stability, supply security of agricultural products and agricultural planning.

In the framework of the Food-EWS (Food Early Warning System) project conducted by the CBRT as per the decisions of the Food Committee, the CBRT has analyzed data on food and agricultural products prices, which are of critical importance for price stability, in a detailed and timely manner and recommendations on measures have been made. The up-to-date database in this area is used to monitor structural problems and critical developments in food and agricultural product markets, and regular briefings and reports on the latest developments in the sector are presented at the Committee meetings. Meanwhile, the Food and Agricultural Markets Report, the Food Foreign Trade Developments Report and the Inflation Developments in Critical Food Products Report prepared in the framework of the Food-EWS are regularly shared with relevant ministries and institutions.

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