Durmuş Yılmaz, the governor of the Central Bank of Turkey, outlined four measures central to financial stability in a presentation to the country's lawmakers in October.

He told the National Assembly's Planning and Budget Commision that the four were: prudent debt ratios; borrowing at longer maturities; strengthening the foreign currency positions of public and private sector institutions; and better management of exchange rate risk, in particular, through instruments such as the Turkish