Sabancı Holding Chairman Güler Sabancı’s Statement on the Package of Economic Incentives and Measures

05.06.2009

“THE PLANNED SUPPORT TO EMPLOYERS WILL CONTRIBUTE TO DECREASE OF UNEMPLOYMENT RATE”

I believe that the package of economic measures and incentives announced yesterday will provide positive contribution to the economy in principle.  The package announced will have favourable impacts in terms of less differences between regions, support for major investments involving higher technology and R&D content, and for clustering of sectors, catching up with the scale economies, as well as both its targets and its means.

As for the lack of employment, which stands out as a substantial problem, the support planned to be provided to the employers will contribute to the decrease of the unemployment rate, and to the reduction of informal labour.  The necessary details must be worked out and implemented as quickly as possible.