(MENAFN) Turkey has reached a crucial decision allowing more meat to be imported in order to block speculative moves that are hiking prices, and it seems that the strategy is really working.
Based on the Central Bank's data, meat prices increased by 21pct in 2015 as opposed to 2014, making meat one of the most important items pushing up the annual inflation rate.
The Eurasia Republic already imports an average of 20,000 tons of meat per year, thus it aims to support the sector in the medium and long terms in order to combat rising prices.
"Our colleagues are working on the issue. We'll give new permits for meat imports in order to maintain meat prices and to overcome consumers' losses," stated the Economy Minister.
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