Türkiye Orta Vadeli Programı
mertalibulut

Medium Term Program of Türkiye(2026-2028)

On September 7,2025, the Medium Term Program (“MTP”) for the years 2026-2028 was published in the Official Gazette No:33010.

The objectives in the Medium Term Program are grouped under main heading such as Growth, Employment, Price Stability, Balance of Payments, Financial Stability, and Public Finance. These main heading of the Medium Term Program can be summarized as subheadings.

Growth

  1. High Value-Added Technology-Oriented Transformation in Industry

Targeted industrial policies based on sectoral prioritization will be implemented, enhancing competitiveness in foreign markets through high value-added production and technology-oriented transformation.

  • The HIT-30 High Technology Investment Program will support large-scale investments in priority technology areas through project-based customized mechanisms.
  • The Investment-Commitment Based Advance Loan (YTAK) program will be applied more effectively in an integrated manner with the existing investment incentive system, selectively and with a focus on productive sectors, to support exports and high value-added product groups.
  1. Development of the R&D and Innovation Ecosystem

R&D-based investments and innovative entrepreneurship activities will be supported in a way that reduces technological dependence and increases international competitiveness, ensuring the holistic strengthening of the innovation ecosystem.

  • R&D activities will be supported in critical areas such as artificial intelligence, cybersecurity, autonomous systems, quantum technologies, hypersonic systems, next-generation material technologies, and space technologies; cooperation among research institutions, universities, and private sector companies operating in these fields will be encouraged.
  • Within the scope of the National Space Program, efforts will be made to enhance the capability of technology production in the space field, including development of low-cost small satellite platforms and conduct of R&D in new satellite technologies.
  • In order to enhance the contribution of intellectual property assets to high technology and value-added production, valuation, access to finance, and commercialization mechanisms related to patents, trademarks, and designs will be strengthened.
  1. Acceleration of the Green Transition

The green transition process will be accelerated through renewable energy investments, domestic technology development capacity, and sustainable financing instruments, promoting low-carbon production, resource efficiency, and circular economy practices, particularly in the energy, transportation, industry, and agriculture sectors.

  • Preparations for secondary legislation containing regulations on the reduction of greenhouse gas emissions and adaptation to climate change, in line with the implementation of the Climate Law, will be finalized and put into effect.
  • The Türkiye Emissions Trading System (TR ETS) will be implemented with its completed legal framework, while efforts will be carried out to establish the EU’s Carbon Border Adjustment Mechanism (CBAM) and to utilize ETS revenues in financing the green transition.
  • The impacts of the European Green Deal (EGD) and the Carbon Border Adjustment Mechanism (CBAM) on various sectors will be assessed, and low-carbon sectoral roadmaps will be finalized for the sectors affected by EU regulations.
  • Taking Turkey’s needs into account, the ongoing legislative work on the Turkey Green Taxonomy, aligned with the EU taxonomy, will be completed to provide a common framework for sustainable investments.
  • In the green transition process, skilled human resources will be trained to monitor and transparently report the environmental impacts of businesses. Reporting standards and audit infrastructure will be strengthened to enhance compliance with environmental regulations in exports and to increase competitiveness.
  • In the manufacturing industry, legislative work will be completed to calculate and monitor indicators, primarily the carbon footprint, by following regulations on ecodesign and sustainable products.
  • Investments aimed at low-carbon production and aligned with the circular economy approach will be incentivized under the Green Transformation Support Program.
  • The use of renewable energy and energy-efficient green buildings, along with the National Green Certification System for these buildings, will be expanded.
  • Within the scope of promoting buildings with high renewable energy usage and energy efficiency, Nearly Zero-Energy Building (nZEB) criteria will be developed.
  • Necessary regulatory arrangements regarding heat supply will be made to assess Turkey’s heat potential and enable the use of waste heat.
  • The Local Climate Change Action Plan Regulation will be published, and action plans will be prepared for all provinces, with decision support tools, technical guidelines, and monitoring systems developed.
  1. Supporting the Transition to Digital Transformation

The capabilities and capacities of firms, especially SMEs, for digital transformation will be supported, and the sustainability of growth will be promoted by maximizing the use of digital technologies in the development of public services.

  • Within the scope of the Digital Europe Program, the number of European Digital Innovation Hubs (EDIHs) will be increased to support the digital and green transformation processes of industry, SMEs, and public institutions.
  • Work will be completed to harmonize the legislation with the European Union Artificial Intelligence Regulation.
  • Necessary legislative regulations in the field of cybersecurity will be prepared with due regard to alignment with the EU acquis.
  • To accelerate the transition to the data economy, a national policy framework covering data ownership and sharing responsibilities as well as technical methods will be prepared, and the overarching legislation and infrastructure for data governance will be established.
  • New integrated services will be designed through joint payment and identity verification applications via the e-Government portal, and the implementation of the e-Notification Integrated Service and the public joint notification system will be ensured.
  1. Strengthening Human Capital
  2. Enhancing the Effectiveness of Public Infrastructure Investments
  3. Increasing Productivity in Agriculture and Achieving Value-Added Transformation

Employment

  1. Ensuring Adaptation to Next-Generation Work Models and Sectoral Transformations.
  • Regulations on next-generation work models will be implemented to adapt to the changing needs of the labor market due to sectoral transformations, strengthen gender equality, and maintain work-life balance. Secure flexibility will be developed, and the workforce’s adaptation to the requirements of green and digital transformation will be enhanced to support a sustainable employment structure.
  • In line with developments in next-generation work models, legislative regulations will be implemented in dialogue with social partners, taking into account the needs of the labor market and work-life balance, and secure flexibility will be ensured.
  1. Supporting the Employment of Groups Facing Difficulties in Labor Force Participation
  2. Improving Labor Force Skill Matching
  3. Reducing Inactive Labor

Price Stability

  1. Maintaining Macroeconomic Policy Coordination
  2. Aligning Regulated and Administered Prices with Inflation Targets
  3. Supporting Supply-Side Policies

Balance of Payments

  1. Increasing Product and Market Diversification in Exports
  2. Supporting Export Financing

Priority will be given to strengthening exporters’ access to finance under favorable conditions to enhance their competitiveness and resilience. In particular, by developing financing opportunities for exports focused on green and digital transformation and effectively utilizing export support mechanisms, the potential for sustainable and high value-added exports will be increased.

  1. Accelerating Green and Digital Transformation in Exports

To enhance global competitiveness, policies enabling green and digital transformation will be implemented to strengthen compliance with international regulations, and the competitiveness of exporting firms will be supported.

  • In line with EU digital economy regulations and the Green Deal, which affect the export of goods and services, preparations regarding necessary legislation, support policies, and international agreements will be completed to enhance competitiveness.
  1. Strengthening Trade Diplomacy and Strategic Partnerships
  2. Reducing Import Dependence and Supporting Supply Security
  3. Developing Service Exports

Financial Stability

  1. Supporting the Disinflation Program with Financial Market Policies
  2. Establishing a Financial Sector with a Strong Institutional Structure
  3. Enhancing the Efficiency of Capital Markets
  4. Strengthening Participation Finance
  5. Developing the Insurance and Private Pension Sector
  6. Promoting the Adoption of Financial Technologies
  7. Developing Sustainable Finance
  8. Increasing Savings

Public Finance

  1. Enhancing Efficiency in Expenditures
  2. Providing Financing for Disaster-Resilient Structures
  3. Enhancing Fairness and Efficiency in Taxation
  4. Combating the Informal Economy and Enhancing Effectiveness in Audits
  5. State-Owned Enterprise (SOE) Governance Reform
  6. Financial Sustainability of the Social Security System
  7. Business and Investment Environment
  8. Improving the Regulatory Framework
  9. Improving Business and Investment Processes
  10. Establishment of Competitive New Investments
  11. Increasing Investments Focused on Green and Digital Transformation

The projections in the Medium-Term Program aim to contribute to the economy by ensuring sustainability through the integration of green transformation, next-generation technologies, and especially the legislative changes in Europe in these areas into domestic law, production, and the relevant sectors.