What are the risks awaiting the real sector in 2024?

According to the business world, the most important risks awaiting companies in 2024 are weak domestic and foreign demand, high inflation, financing costs and the real value increase in the TL. In addition to these, the increase in the minimum wage may cause an increase of nearly 20 percent in personnel expenses. While expectations are being voiced with the number of days left for 2024, predictions regarding the performance of the real sector and the exams it will pass have become even more important. During the budget negotiations, Vice President Cevdet Yılmaz announced that they foresaw a budget allocation of 376.5 billion liras for real sector support in 2024. So will this allocation be sufficient for the real sector next year? While the local elections to be held on March 31, 2024 indicate an intense marathon on the political side, the steps to be taken regarding the economy during the election process will be closely monitored by the sectors. While investors express their expectations that the government's focus will again be on increasing support for the economy, whether the incentives to be given will be sufficient in the face of expected inflation is a big question mark. In fact, it is stated that the steps to be taken by the economic management, which will sacrifice growth and try to reduce inflation in the election environment, will be more critical than ever.