{"status":true,"post":{"id":15954,"user_id":11,"status":1,"type":1,"orde":null,"notification_type":3,"static_post":0,"published_at":"2022-10-21 10:02:46","created_at":"2017-02-19T21:00:00.000000Z","updated_at":"2022-10-21T07:02:46.000000Z","edited_at":"2024-12-17 22:35:21","source_id":null,"post_id":15954,"is_featured":0,"title":"Ekonomi Y\u00f6netimi\u2019nin tedbirleri sonu\u00e7 veriyor","slider_title":null,"slider_title_2":null,"slider_spot_title":null,"slider_spot_title_2":null,"home_title":null,"sub_title":null,"category_id":73,"description":null,"content":"  \t\t\t\t\t  \t\t\t\t\t<p><span class=\"large\">10 Ocak\u2019ta, T\u00fcrkiye Cumhuriyet Merkez Bankas\u0131 (TCMB), T\u00fcrk Liras\u0131\u2019n\u0131n reel de\u011ferini g\u00fc\u00e7lendirmeye y\u00f6nelik ad\u0131mlar\u0131 atmaya ba\u015flad\u0131\u011f\u0131nda ve bu s\u00fcreci ad\u0131m ad\u0131m g\u00fc\u00e7lendirdi\u011fine, se\u00e7ilen y\u00f6ntemlerin ba\u015far\u0131s\u0131n\u0131 g\u00f6lgelemek ve etkisini k\u00f6reltmek ad\u0131na, akl\u0131m\u0131za hakaret iddialara, alg\u0131 \u00e7arp\u0131tmalar\u0131na ve yalan salvolar\u0131na \u015fahit olduk. T\u00fcm vah\u015fi \u00e7abalara ra\u011fmen, TL y\u00fczde 7 de\u011fer kazand\u0131. TCMB\u2019nin piyasaya hakim olmas\u0131yla, d\u00f6viz kurlar\u0131 sakinle\u015fti. D\u00f6viz kurlar\u0131ndaki a\u015f\u0131r\u0131 dalgalanmaya sadece ekonomik de\u011fil, siyasi gerek\u00e7eleri de bahane eden \u2018felaket\u2019 tellallar\u0131, T\u00fcrkiye-Rusya, T\u00fcrkiye-ABD ili\u015fkilerindeki her yeni a\u00e7\u0131l\u0131m ve T\u00fcrkiye\u2019nin b\u00f6lgesindeki \u2018pivot\u2019 rol\u00fcn\u00fcn yeniden y\u00fckseli\u015fe ge\u00e7mesi ile Ba\u015fbakan Y\u0131ld\u0131r\u0131m\u2019\u0131n da belirtti\u011fi gibi, \u2018sus pus\u2019 oldular. Cumhurba\u015fkan\u0131 Erdo\u011fan\u2019\u0131n d\u00fcnya liderleriyle y\u00fcr\u00fctt\u00fc\u011f\u00fc proaktif siyaset, T\u00fcrkiye\u2019ye yap\u0131lan kritik ziyaretler ve Erdo\u011fan\u2019\u0131n b\u00f6lge \u00fclkelerindeki temaslar\u0131, T\u00fcrkiye\u2019nin b\u00f6lgesel \u2018oyun kurucu\u2019 g\u00fcc\u00fcn\u00fc yeniden \u00f6n plana \u00e7\u0131kard\u0131.<\/span><\/p>  <p><span class=\"large\">Ekonomi Y\u00f6netimi\u2019nin e\u015f zamanl\u0131 olarak, 600 bin KOB\u0130\u2019nin finansman ihtiyac\u0131na y\u00f6nelik ald\u0131\u011f\u0131 seri tedbirler, tar\u0131m, imalat sanayi ve ticaret sekt\u00f6r\u00fcndeki t\u00fcm reel sekt\u00f6r oyuncular\u0131n\u0131 kapsayan proaktif tedbirler, kredilerin yeniden yap\u0131land\u0131r\u0131lmas\u0131, faiz y\u00fcklerinin bir b\u00f6l\u00fcm\u00fcn\u00fcn kamu taraf\u0131ndan kar\u015f\u0131lanmas\u0131, ba\u015fta TOBB ve M\u00dcS\u0130AD, i\u015f d\u00fcnyas\u0131 sivil toplum kurulu\u015flar\u0131n\u0131n istihdam seferberli\u011fine verdikleri destek, aynen 2008 k\u00fcresel finans krizinde oldu\u011fu gibi, T\u00fcrkiye\u2019nin k\u00fcresel ekonomi-politik krizlere \u00fclke ekonomisinin seyirci kalmad\u0131\u011f\u0131, seri \u00e7\u00f6z\u00fcmler \u00fcretebilen bir beceriye sahip oldu\u011fumuzu g\u00f6steriyor. Sadece, 30 Ocak ile 3 \u015eubat aras\u0131ndaki hafta, yabanc\u0131 yat\u0131r\u0131mc\u0131lar 170 milyon dolarl\u0131k tahvil, 349 milyon dolarl\u0131k daha hisse senedi alm\u0131\u015f durumdalar. \u2018Mali disiplin\u2019in b\u00fcy\u00fck bir kararl\u0131kla s\u00fcrd\u00fcr\u00fcld\u00fc\u011f\u00fc bir ortamda, \u2018kamu s\u0131k\u0131\u015ft\u0131\u2019 yalanlar\u0131na sert tepki g\u00f6stermemiz gerekiyor.<\/span><\/p>  <p><span class=\"large\"><strong>\u00d6ZEL SEKT\u00d6R DE \u2018PROAKT\u0130F DAVRANIYOR<\/strong><\/span><\/p>  <p><span class=\"large\">Bu noktada, \u00f6zel sekt\u00f6r\u00fcn de, k\u00fcresel ekonomik sistemdeki s\u0131k\u0131nt\u0131lar\u0131 g\u00f6zlemleyerek, ayn\u0131 \u2018proaktif\u2019 anlay\u0131\u015fla tedbir ald\u0131\u011f\u0131n\u0131 g\u00f6zlemliyoruz. K\u00fcresel piyasalar\u0131n, k\u00fcresel finans krizinin ilk art\u00e7\u0131 \u015foklar\u0131 sonras\u0131nda, 2013\u2019de yeniden daralma g\u00f6stermesi ile birlikte, T\u00fcrk \u00f6zel sekt\u00f6r\u00fc de, d\u0131\u015f bor\u00e7lar\u0131n\u0131n vadesini uzatacak tedbirler ald\u0131 ve k\u0131sa vadeli bor\u00e7lar\u0131n\u0131 azaltmay\u0131 s\u00fcrd\u00fcr\u00fcyor. Nitekim, d\u00fcnyan\u0131n \u00f6nde gelen bankalar\u0131ndan Bank of America Merrill Lynch, son raporunda, T\u00fcrkiye\u2019nin d\u00fc\u015f\u00fck kamu borcu, d\u00fc\u015f\u00fck b\u00fct\u00e7e a\u00e7\u0131\u011f\u0131 ve d\u00fc\u015f\u00fck yak\u0131n vadeli bor\u00e7 \u00e7evirme ihtiyac\u0131 nedeniyle, yat\u0131r\u0131m yapmak a\u00e7\u0131s\u0131ndan \u00f6ncelikle tercih edilebilecek ekonomi oldu\u011funu belirtmi\u015f; T\u00fcrk eurobondlar\u0131n\u0131n uluslararas\u0131 yat\u0131r\u0131m portf\u00f6ylerinde a\u011f\u0131rl\u0131\u011f\u0131n\u0131n artt\u0131r\u0131lmas\u0131 gerekti\u011fi tavsiyesinde bulunmu\u015f.<\/span><\/p>  <p><span class=\"large\">Reel sekt\u00f6r\u00fcn, yat\u0131r\u0131m ve faaliyet finansman\u0131na y\u00f6nelik olarak, a\u011f\u0131rl\u0131\u011f\u0131n s\u00fcrekli bankac\u0131l\u0131k sekt\u00f6r\u00fc \u00fczerinde olmas\u0131, \u00f6n\u00fcm\u00fczdeki d\u00f6nemde mutlaka geli\u015ftirmemiz gereken bir durum. T\u00fcrkiye\u2019nin banka d\u0131\u015f\u0131 finansman imkanlar\u0131 ad\u0131na, g\u00fc\u00e7l\u00fc bir sermaye piyasas\u0131, g\u00fc\u00e7l\u00fc bir faktoring ile finansal kiralama sekt\u00f6r\u00fcne sahip olmas\u0131 gerekiyor. Finansal kiralama ve finansman sekt\u00f6r\u00fcn\u00fcn 114 milyar liral\u0131k aktif b\u00fcy\u00fckl\u00fc\u011fe, GSYH\u2019n\u0131n y\u00fczde 6,7 seviyesine geliyor. 62 faktoring \u015firketi ise <\/span><span class=\"large\">98 bini a\u015fan m\u00fc\u015fterisiyle, ihracat faktoringiyle d\u00fcnyada \u00c7in\u2019den sonra 2\u2019nci s\u0131rada yer al\u0131yor. Banka d\u0131\u015f\u0131 finansman imkanlar\u0131m\u0131z\u0131 ve sermaye piyasam\u0131z\u0131 daha da g\u00fc\u00e7lendirmeliyiz. <\/span><\/p>  <p><span class=\"large\"><strong>UZUN VADEL\u0130 DI\u015e BOR\u00c7 KULLANIMI<\/strong><\/span><\/p>  <p><span class=\"large\">TCMB\u2019nin a\u00e7\u0131klad\u0131\u011f\u0131 taze veriler, 2016 y\u0131l\u0131 sonu itibariyle, \u00f6zel sekt\u00f6r\u00fcn yurt d\u0131\u015f\u0131ndan sa\u011flad\u0131\u011f\u0131 uzun vadeli kredi borcunun 2015\u2019e g\u00f6re 8,3 milyar dolar artarak <\/span><br><span class=\"large\"> 202,7 milyar dolara ula\u015ft\u0131\u011f\u0131n\u0131, k\u0131sa vadeli kredi borcun ise 6,1 milyar dolar azalarak <\/span><br><span class=\"large\"> 14,3 milyar dolara geriledi\u011fini g\u00f6steriyor. Uzun vadeli kredi borcu detayl\u0131 bir \u015fekilde incelendi\u011finde, bankalar\u0131n bor\u00e7lanmalar\u0131n\u0131n 803 milyon dolar azald\u0131\u011f\u0131, tahvil bor\u00e7lanmalar\u0131n\u0131n ise 2,1 milyar dolar art\u0131\u015fla 24,3 milyar dolar seviyesinde ger\u00e7ekle\u015fti\u011fi g\u00f6r\u00fclmekte. 202,7 milyar dolar tutar\u0131ndaki uzun vadeli borcun y\u00fczde 61,2\u2019sinin dolar cinsinden oldu\u011funu hat\u0131rlayarak, ABD Merkez Bankas\u0131\u2019n\u0131n olas\u0131 faiz art\u0131\u015f\u0131 ad\u0131mlar\u0131n\u0131n dolar cinsinden bor\u00e7lanma maliyetlerinin art\u0131raca\u011f\u0131 ger\u00e7e\u011fi ile bug\u00fcn daha uygun ko\u015fullarda uzun vadeli d\u0131\u015f bor\u00e7 kullan\u0131m\u0131n\u0131n do\u011fru bir strateji oldu\u011funu hat\u0131rlatal\u0131m.<\/span><\/p>  \t\t\t\t","slug":"ekonomi-yonetiminin-tedbirleri-sonuc-veriyor","tags":"K\u00f6\u015fe Yaz\u0131s\u0131","meta_title":"Ekonomi Y\u00f6netimi\u2019nin tedbirleri sonu\u00e7 veriyor","meta_description":"Prof. Dr. Kerem Alkin","meta_keywords":"K\u00f6\u015fe Yaz\u0131s\u0131","news_cover_min":null,"news_cover":null,"news_video_min":null,"news_video":null,"view_count":116,"cropped_1200x675":null,"user":{"id":11,"name":"KEREM","surname":"ALK\u0130N","email":"irem05@daglaroglu.com","slug":"prof-dr-kerem-alkin","avatar":"\/front\/uploads\/avatar\/17336916000GNrERW0ucj2Ja7.webp","status":1,"role":1,"email_verified_at":null,"orde":null,"created_at":"2022-09-15T09:39:41.000000Z","updated_at":"2024-12-18T09:50:43.000000Z","seo_title":null,"seo_description":null},"translations":[{"id":16053,"is_featured":0,"is_amp":0,"is_ads":0,"ads_link":null,"post_id":15954,"locale":"tr","category_id":73,"title":"Ekonomi Y\u00f6netimi\u2019nin tedbirleri sonu\u00e7 veriyor","home_title":null,"sub_title":null,"slider_title":null,"slider_title_2":null,"slider_spot_title":null,"slider_spot_title_2":null,"subtitleuse":0,"description":null,"content":"  \t\t\t\t\t  \t\t\t\t\t<p><span class=\"large\">10 Ocak\u2019ta, T\u00fcrkiye Cumhuriyet Merkez Bankas\u0131 (TCMB), T\u00fcrk Liras\u0131\u2019n\u0131n reel de\u011ferini g\u00fc\u00e7lendirmeye y\u00f6nelik ad\u0131mlar\u0131 atmaya ba\u015flad\u0131\u011f\u0131nda ve bu s\u00fcreci ad\u0131m ad\u0131m g\u00fc\u00e7lendirdi\u011fine, se\u00e7ilen y\u00f6ntemlerin ba\u015far\u0131s\u0131n\u0131 g\u00f6lgelemek ve etkisini k\u00f6reltmek ad\u0131na, akl\u0131m\u0131za hakaret iddialara, alg\u0131 \u00e7arp\u0131tmalar\u0131na ve yalan salvolar\u0131na \u015fahit olduk. T\u00fcm vah\u015fi \u00e7abalara ra\u011fmen, TL y\u00fczde 7 de\u011fer kazand\u0131. TCMB\u2019nin piyasaya hakim olmas\u0131yla, d\u00f6viz kurlar\u0131 sakinle\u015fti. D\u00f6viz kurlar\u0131ndaki a\u015f\u0131r\u0131 dalgalanmaya sadece ekonomik de\u011fil, siyasi gerek\u00e7eleri de bahane eden \u2018felaket\u2019 tellallar\u0131, T\u00fcrkiye-Rusya, T\u00fcrkiye-ABD ili\u015fkilerindeki her yeni a\u00e7\u0131l\u0131m ve T\u00fcrkiye\u2019nin b\u00f6lgesindeki \u2018pivot\u2019 rol\u00fcn\u00fcn yeniden y\u00fckseli\u015fe ge\u00e7mesi ile Ba\u015fbakan Y\u0131ld\u0131r\u0131m\u2019\u0131n da belirtti\u011fi gibi, \u2018sus pus\u2019 oldular. Cumhurba\u015fkan\u0131 Erdo\u011fan\u2019\u0131n d\u00fcnya liderleriyle y\u00fcr\u00fctt\u00fc\u011f\u00fc proaktif siyaset, T\u00fcrkiye\u2019ye yap\u0131lan kritik ziyaretler ve Erdo\u011fan\u2019\u0131n b\u00f6lge \u00fclkelerindeki temaslar\u0131, T\u00fcrkiye\u2019nin b\u00f6lgesel \u2018oyun kurucu\u2019 g\u00fcc\u00fcn\u00fc yeniden \u00f6n plana \u00e7\u0131kard\u0131.<\/span><\/p>  <p><span class=\"large\">Ekonomi Y\u00f6netimi\u2019nin e\u015f zamanl\u0131 olarak, 600 bin KOB\u0130\u2019nin finansman ihtiyac\u0131na y\u00f6nelik ald\u0131\u011f\u0131 seri tedbirler, tar\u0131m, imalat sanayi ve ticaret sekt\u00f6r\u00fcndeki t\u00fcm reel sekt\u00f6r oyuncular\u0131n\u0131 kapsayan proaktif tedbirler, kredilerin yeniden yap\u0131land\u0131r\u0131lmas\u0131, faiz y\u00fcklerinin bir b\u00f6l\u00fcm\u00fcn\u00fcn kamu taraf\u0131ndan kar\u015f\u0131lanmas\u0131, ba\u015fta TOBB ve M\u00dcS\u0130AD, i\u015f d\u00fcnyas\u0131 sivil toplum kurulu\u015flar\u0131n\u0131n istihdam seferberli\u011fine verdikleri destek, aynen 2008 k\u00fcresel finans krizinde oldu\u011fu gibi, T\u00fcrkiye\u2019nin k\u00fcresel ekonomi-politik krizlere \u00fclke ekonomisinin seyirci kalmad\u0131\u011f\u0131, seri \u00e7\u00f6z\u00fcmler \u00fcretebilen bir beceriye sahip oldu\u011fumuzu g\u00f6steriyor. Sadece, 30 Ocak ile 3 \u015eubat aras\u0131ndaki hafta, yabanc\u0131 yat\u0131r\u0131mc\u0131lar 170 milyon dolarl\u0131k tahvil, 349 milyon dolarl\u0131k daha hisse senedi alm\u0131\u015f durumdalar. \u2018Mali disiplin\u2019in b\u00fcy\u00fck bir kararl\u0131kla s\u00fcrd\u00fcr\u00fcld\u00fc\u011f\u00fc bir ortamda, \u2018kamu s\u0131k\u0131\u015ft\u0131\u2019 yalanlar\u0131na sert tepki g\u00f6stermemiz gerekiyor.<\/span><\/p>  <p><span class=\"large\"><strong>\u00d6ZEL SEKT\u00d6R DE \u2018PROAKT\u0130F DAVRANIYOR<\/strong><\/span><\/p>  <p><span class=\"large\">Bu noktada, \u00f6zel sekt\u00f6r\u00fcn de, k\u00fcresel ekonomik sistemdeki s\u0131k\u0131nt\u0131lar\u0131 g\u00f6zlemleyerek, ayn\u0131 \u2018proaktif\u2019 anlay\u0131\u015fla tedbir ald\u0131\u011f\u0131n\u0131 g\u00f6zlemliyoruz. K\u00fcresel piyasalar\u0131n, k\u00fcresel finans krizinin ilk art\u00e7\u0131 \u015foklar\u0131 sonras\u0131nda, 2013\u2019de yeniden daralma g\u00f6stermesi ile birlikte, T\u00fcrk \u00f6zel sekt\u00f6r\u00fc de, d\u0131\u015f bor\u00e7lar\u0131n\u0131n vadesini uzatacak tedbirler ald\u0131 ve k\u0131sa vadeli bor\u00e7lar\u0131n\u0131 azaltmay\u0131 s\u00fcrd\u00fcr\u00fcyor. Nitekim, d\u00fcnyan\u0131n \u00f6nde gelen bankalar\u0131ndan Bank of America Merrill Lynch, son raporunda, T\u00fcrkiye\u2019nin d\u00fc\u015f\u00fck kamu borcu, d\u00fc\u015f\u00fck b\u00fct\u00e7e a\u00e7\u0131\u011f\u0131 ve d\u00fc\u015f\u00fck yak\u0131n vadeli bor\u00e7 \u00e7evirme ihtiyac\u0131 nedeniyle, yat\u0131r\u0131m yapmak a\u00e7\u0131s\u0131ndan \u00f6ncelikle tercih edilebilecek ekonomi oldu\u011funu belirtmi\u015f; T\u00fcrk eurobondlar\u0131n\u0131n uluslararas\u0131 yat\u0131r\u0131m portf\u00f6ylerinde a\u011f\u0131rl\u0131\u011f\u0131n\u0131n artt\u0131r\u0131lmas\u0131 gerekti\u011fi tavsiyesinde bulunmu\u015f.<\/span><\/p>  <p><span class=\"large\">Reel sekt\u00f6r\u00fcn, yat\u0131r\u0131m ve faaliyet finansman\u0131na y\u00f6nelik olarak, a\u011f\u0131rl\u0131\u011f\u0131n s\u00fcrekli bankac\u0131l\u0131k sekt\u00f6r\u00fc \u00fczerinde olmas\u0131, \u00f6n\u00fcm\u00fczdeki d\u00f6nemde mutlaka geli\u015ftirmemiz gereken bir durum. T\u00fcrkiye\u2019nin banka d\u0131\u015f\u0131 finansman imkanlar\u0131 ad\u0131na, g\u00fc\u00e7l\u00fc bir sermaye piyasas\u0131, g\u00fc\u00e7l\u00fc bir faktoring ile finansal kiralama sekt\u00f6r\u00fcne sahip olmas\u0131 gerekiyor. Finansal kiralama ve finansman sekt\u00f6r\u00fcn\u00fcn 114 milyar liral\u0131k aktif b\u00fcy\u00fckl\u00fc\u011fe, GSYH\u2019n\u0131n y\u00fczde 6,7 seviyesine geliyor. 62 faktoring \u015firketi ise <\/span><span class=\"large\">98 bini a\u015fan m\u00fc\u015fterisiyle, ihracat faktoringiyle d\u00fcnyada \u00c7in\u2019den sonra 2\u2019nci s\u0131rada yer al\u0131yor. Banka d\u0131\u015f\u0131 finansman imkanlar\u0131m\u0131z\u0131 ve sermaye piyasam\u0131z\u0131 daha da g\u00fc\u00e7lendirmeliyiz. <\/span><\/p>  <p><span class=\"large\"><strong>UZUN VADEL\u0130 DI\u015e BOR\u00c7 KULLANIMI<\/strong><\/span><\/p>  <p><span class=\"large\">TCMB\u2019nin a\u00e7\u0131klad\u0131\u011f\u0131 taze veriler, 2016 y\u0131l\u0131 sonu itibariyle, \u00f6zel sekt\u00f6r\u00fcn yurt d\u0131\u015f\u0131ndan sa\u011flad\u0131\u011f\u0131 uzun vadeli kredi borcunun 2015\u2019e g\u00f6re 8,3 milyar dolar artarak <\/span><br><span class=\"large\"> 202,7 milyar dolara ula\u015ft\u0131\u011f\u0131n\u0131, k\u0131sa vadeli kredi borcun ise 6,1 milyar dolar azalarak <\/span><br><span class=\"large\"> 14,3 milyar dolara geriledi\u011fini g\u00f6steriyor. Uzun vadeli kredi borcu detayl\u0131 bir \u015fekilde incelendi\u011finde, bankalar\u0131n bor\u00e7lanmalar\u0131n\u0131n 803 milyon dolar azald\u0131\u011f\u0131, tahvil bor\u00e7lanmalar\u0131n\u0131n ise 2,1 milyar dolar art\u0131\u015fla 24,3 milyar dolar seviyesinde ger\u00e7ekle\u015fti\u011fi g\u00f6r\u00fclmekte. 202,7 milyar dolar tutar\u0131ndaki uzun vadeli borcun y\u00fczde 61,2\u2019sinin dolar cinsinden oldu\u011funu hat\u0131rlayarak, ABD Merkez Bankas\u0131\u2019n\u0131n olas\u0131 faiz art\u0131\u015f\u0131 ad\u0131mlar\u0131n\u0131n dolar cinsinden bor\u00e7lanma maliyetlerinin art\u0131raca\u011f\u0131 ger\u00e7e\u011fi ile bug\u00fcn daha uygun ko\u015fullarda uzun vadeli d\u0131\u015f bor\u00e7 kullan\u0131m\u0131n\u0131n do\u011fru bir strateji oldu\u011funu hat\u0131rlatal\u0131m.<\/span><\/p>  \t\t\t\t","slug":"ekonomi-yonetiminin-tedbirleri-sonuc-veriyor","orjinalimage":null,"news_cover_min":null,"news_cover":null,"news_video_min":null,"news_video":null,"cropped_638x552":null,"cropped_310x208":null,"cropped_416x247":null,"cropped_197x247":null,"cropped_416x600":null,"cropped_1200x675":null,"tags":"K\u00f6\u015fe Yaz\u0131s\u0131","meta_title":"Ekonomi Y\u00f6netimi\u2019nin tedbirleri sonu\u00e7 veriyor","meta_description":"Prof. Dr. Kerem Alkin","meta_keywords":"K\u00f6\u015fe Yaz\u0131s\u0131","view_count":116,"yt":0,"ytid":"","ytimage":null,"imgdate":"2000-01-01 00:00:00","cuff_cover":null,"cropped_358x214":null,"cropped_842x474":null}]}}