Republic of Turkey pre-accession economic programme 2005

Abstract

Introduction 1INTRODUCTION As a part of the requirements emanating from the Pre-Accession Fiscal Surveillance Procedure, Turkey has prepared the Pre-Accession Economic Programme (PEP) and submitted to the European Commission since 2001. The fifth Pre-Accession Economic Programme prepared in 2005 covers the recent economic developments of Turkey as well as projections and forecasts for the period of 2006-2008.1Turkey has recently recorded a remarkable progress on the way of full membership to European Union (EU) and the negotiations with EU were officially launched on October 3, 2005. The main objective of implemented economic policies and structural reforms in Turkey is to complete the process of the full membership to EU in a rapid and successful manner. In this respect, determination of necessary priorities, and in order to put these priorities into action decisive implementation of specified policies are crucial; and the recent performance achieved by Turkey indicates that Turkey acts with this conscious. In this context, PEP 2005 is considered to contribute to the negotiation process especially in the framework of structural reforms. Recent performance displayed by the Turkish economy is supportive for achieving persistent stability and thereby attaining a success in some implemented social policies. Therefore, economic policies presented in Pre-Accession Economic Programme have a significant role for both increasing the welfare of the society and completing the negotiation process successfully