Turkey's Medium-term Program Sets 2027 Minimum Wage Stage

The program, unveiled by the government, projects year-end inflation at 17.5 percent for 2027, a figure that will guide the annual minimum wage adjustment. The OVP also outlines economic growth targets and fiscal policies aimed at stabilizing prices and supporting employment. The minimum wage for 2027 will be determined based on these inflation expectations, with the government aiming to balance worker purchasing power and business competitiveness.