Türkiye's Medium-Term Programme (2027-2029) aims to bring inflation to single digits by 2029 while lifting growth and jobs. The 2027 draft budget emphasises housing and earthquake-driven urban renewal, transport infrastructure and youth employment.
Government · leader
President Recep Tayyip Erdoğan (head of state and government)
Key national agenda
- Disinflation (single digits by 2029)
- Housing supply and earthquake-resilient urban renewal
- More jobs for youth and women
- Green transition (hosting COP31 in Antalya)
- Transport infrastructure (high-speed rail)
- Defence and space technology
Government programmes
2027 central government budget draft~TRY 27.28tn (~USD 550.8bn)
Deficit 3.5% of GDP, 4.2% growth target, sharp rise in housing spending
Medium-Term Programme (OVP) 2027-2029
Announced Sep 2026; targets USD 2.2tn GDP and single-digit inflation by 2029
Urban renewal 'Half from Us' (Yarısı Bizden)
Seismic rebuilding support centred on Istanbul; TRY 875k grant plus TRY 875k loan per unit; extended to end-2027
Halkalı-Kapıkule high-speed rail
Opening of the Çerkezköy-Kapıkule section announced in Oct 2026
İŞKUR youth employment programme
150,000 places for 2026-2027 with daily stipend and state-paid social insurance
Earthquake Recovery and Reconstruction Project (TERRP)
World Bank-financed recovery in quake-hit regions, including Ministry of Health emergency equipment such as 285 ambulances
Business opportunities
Seismic assessment and smart construction management for urban renewal sites
Urban renewal support runs to end-2027 and housing spending jumps in the 2027 budget.
Ministry of Environment, Urbanisation and Climate Change, TOKİ, Istanbul Metropolitan Municipality
AI platform for vocational training and job matching
The youth employment programme has expanded to 150,000 places, creating demand for matching and management tools.
İŞKUR, Ministry of Labour and Social Security
Smart-factory diagnostics and automation consulting for manufacturing SMEs
The Medium-Term Programme makes productivity and export competitiveness core goals.
KOSGEB, manufacturers in organised industrial zones
Operational efficiency for large city hospitals (scheduling and bed-management AI)
New large city hospitals keep opening, creating efficiency needs (estimate).
Ministry of Health, city-hospital PPP operators
Korean support schemes
- KOTRA Istanbul office · KOTRA — Supports market research, buyer matching and trade-fair participation in Türkiye.
- Temporary settlement support for Türkiye earthquake victims · KOICA — Supported temporary settlements for displaced people after the 2023 earthquakes (past project).
Official notices
Presidency Directorate of Communications (iletisim.gov.tr) / Presidency (tccb.gov.tr)
- 2026-10-26 Cabinet meeting chaired by the President (about three hours, Presidential Complex)
- 2026-10-12 Cabinet: urban renewal campaign extended to end-2027; youth employment quota 150,000
- 2026-10-12 Opening of the Çerkezköy-Kapıkule high-speed rail section announced
- 2026-10-12 Lunar rover built and in environmental testing; Şanlıurfa city hospital opened
Disaster · conflict · epidemic
Stable 2026-10-30
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