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The Financial Stability Board met under the chairmanship of Minister Mehmet Simsek, the Ministry of Finance said in a written statement, noting that the meeting conducted a comprehensive assessment of the macroeconomic prospects of the world and Turkey.
“It was decided to set up a working group”
The ministry’s statement included the following:
* “The Committee discussed the preparations for the application of inflation accounting in the banking sector and its possible impact on the sector, as well as the effectiveness of the use of rating scores in the sector. In addition, it was decided to establish a working group within the Committee to assess the impact of climate change on financial stability and ensure national-level coordination in the field of sustainable finance “The Committee continues to work with a holistic approach to safeguarding financial stability, which is one of the most important factors for sustainable growth. “
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