Turkish President Tayypip Erdogan declares against non-compromising the budget discipline

President Tayyip Erdogan said on Monday Turkey would not compromise on budget discipline or give up on free market rules, and aims to attract foreign investment.

In a speech at the opening of parliament, Erdogan also said uncertainty caused by fluctuations in lira - which has slumped 37 per cent against the dollar this year - was slowly fading but Turkey will closely monitor problems caused by inflation and interest rates.

(With inputs from agencies.)