Referendum Evaluations

TOBB President M. Rifat Hisarcıklıoğlu evaluated the referendum results. Stating that a major source of uncertainty is behind us with the completion of the referendum process, Hisarcıklıoğlu said the following:​

“Once again democratic process has been implemented in Turkey; national will has manifested itself and the nation has made its choice. With the new system, it will be possible to make decisions and execute faster.

We expect an acceleration of the workings of the state and reflections of this in the private sector. A major source of uncertainty is behind us with the completion of the referendum process. The private sector will be able to better forecast and invest more comfortably in future.

As Turkey, we have shown great economic development in the last 15 years. We raised from 3,000 USD to 12,000 USD per capita income. We moved from low-tech production to mid-tech production. However, conducting business in the world, the production goods, is changing incredibly rapidly. Reaching 25,000 USD per capita income is not possible by doing what we have done until today. We must now focus on tomorrow, join in a common vision and community around a singular goal and advance together towards the future.

We have to revive the reform process to combat the negative perceptions which are being attempted to be formulated against our country, both inside and out; and to restore investors’ confidence and continue to enrich our country; and we should show our new success story to the whole world.”

The Chairman of the Turkish Exporters Assembly (TIM), Mehmet BUYUKEKSI, shared his views on the recent referendum:

“In line with our comments prior to the referendum, we believe that voters have made the right choice for the future of Turkey.”

Mr. Büyükekşi continued as follows: “It is our wish that this outcome will prove to be beneficial for Turkey. Voters have shown their commitment to the continuation of the political environment based on trust and stability. They have understood the importance of the elimination of double-headed decision making in the government and put an end to the process which might pave the way for coalition governments, and hence, heal the wound which show the risk of reopening. Today is the day for a change in Turkey. Hopefully, with the “system of government of the presidency of the republic”, obstacles imposed by the bureaucracy will lessen, decision-making procedures will significantly gather speed, and problems encountered during the implementation of the policies will be alleviated. At the same time, a more effective coordination among the Ministries will be achieved; therefore, public productivity will increase to far higher levels.

Moreover, investment growth will gain pace as a result of the environment of stability and trust rendered by the new governmental system. Thus, productivity, production, and employment rates will increase.

As a result of the referendum, we declare that 2017 is not only the “breakthrough year” in Turkey's exports, but also marks the “breakthrough year” for Turkey in every aspect. We will proceed with our objectives for 2023 with more confidence.”


First of all, we hope that the result of referendum will be beneficial to our country, to our nation. As before, Turkish peopleonce again demonstrated their preferences in the best way; participation in the electoral process was about 87%. Across the country, national vote manifested a celebration of democracy. Early election results indicate that with high participation to national vote the majority of voters voted for the "Presidential Government System" regarding the future of our country. This result was triggered by: complexity in decision making, coalition governments in the past, lack of fast decision-making mechanism and disruption in bureaucracy. As of now, our country is eliminated from these problems and is ready to build the infrastructure to reach Turkey's Goal of 2023, 2053 and 2071 under the leadership of our President. Now that the uncertainty is removed in the environment, economy will be in the top of the agenda and reforms will be accelerated. As the business world, we will try to contribute to our country's mission and continue to serve our country. Again, we hope that the result of referendum will be beneficial to our country.


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