Inflation Control and Financial Facilities Strategy
National Economic Recovery Strategy Through Import
Substitution Program (35% Reduction) in 2022
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சச
AA
INDUSTRIAL
CONDITIONS
Require to deepen Industrial Structure
Necessary to be independent on raw
materials and production
Unsupportive regulations and incentives
The P3DN Program is not yet optimal
7
SECTORS
FOCUS
Food and
Beverage
Textiles and
Clothing
STRATEGIC STEPS
Import Reduction
through Import
Substitution in
Industries with Large
Import Value
Encouraging the
Increasing
Production
Utilisation of All
Manufacturing
Industry Sectors
Increase in Investment
and Absorption of New
Workers
35% IMPORT
SUBSTITUTION
PROGRAM BY 2020
Source: Ministry of Industry
Automotive
Deepening of
Industrial Structure
Chemical
Electronic
Utilisation
60%
(2020)
Utilisation
Utilisation
75%
85%
(2021)
(2022)
Pharmacy
Medical Devices
•
Absorption of workers affected by layoffs
Increased domestic spending capacity
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Increase in the export market
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