MÜSİAD President Mahmut Asmalı stated that Türkiye's removal from the FATF's gray list could lead to an increase in the inflow of "hot money," saying, "The risks of hot money inflows and outflows must be considered. As MÜSİAD, our view is that the focus should be on increasing medium- and long-term portfolio investments and direct investments."

In a written statement, Asmalı emphasized that both the FATF's decision to remove Türkiye from the gray list today, the decline in the CDS risk premium observed over the past year, and the upward revisions by credit rating agencies have once again made Türkiye a safe haven for investments.

MÜSİAD President Asmalı made the following assessments:

"Possible increases in hot money inflows will reduce pressure on the exchange rate and support the vibrant outlook of the domestic market. The risks of hot money inflows and outflows occurring in an extraordinary and unpredictable manner and speed must be considered. As MÜSİAD, our view is that we should focus on increasing medium- and long-term portfolio investments and direct investments.

Our past experience shows that short-term capital inflows provide momentary relief to markets and do not offer a permanent solution. Conversely, rapid and unstoppable capital outflows can inflict permanent damage on markets. In this context, as MÜSİAD, our view is that the intensity of hot money inflows should be reduced in financing the current account deficit and the focus should be on increasing medium- and long-term portfolio investments and direct investments. In this regard, we emphasize that the policies developed by the economic administration must be effective in the long term and reiterate our belief that the growth process focused on production, exports, and employment in the Turkish economy will continue."