Turkey Economy News

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What’s in Mehmet Şimşek’s “Economy Action Plan”?

The new economic management in the Presidential Cabinet announced by President Recep Tayyip Erdoğan has been clarified. According to this;…

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Bloomberg: Mehmet Şimşek will be Minister of Treasury and Finance

While the cabinet was expected to be announced by President Erdoğan on Saturday, one of the most curious names in…

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Last minute: Sony pulled out of Turkey

Operating in Turkey with its Playstation game console, televisions and camera product range, Sony has terminated its Turkey operation. Its…

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2023 Minimum Wage Announced in Turkey

President Recep Tayyip Erdoğan announced the amount of the minimum wage to be applied in 2023 on a live broadcast.…

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Turkey cuts the interest rate again!

The Central Bank of the Republic of Turkey (CBRT) Monetary Policy Committee (PPK) reduced the one-week repo auction rate, which…

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Gold exports from Switzerland to Turkey at the peak of the last 9 years

Gold exports from Switzerland to Turkey rose to the highest level since June 2013 in August. Exports from the country…

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The grain ship departing from Ukraine will arrive in Istanbul tonight

Joint Coordination Center Coordinator Rear Admiral Özcan Altunbulak announced that the grain ship that left Ukraine yesterday will arrive in…

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Annual inflation in Turkey rose to 78.62 percent

According to ENAG, annual inflation was 175.55. Thus, consumer inflation reached the peak level of the last 24 years. Turkish…

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Ukrainians fleeing the war invested their money in housing in Antalya

Ukrainians who came to Antalya due to the Russia-Ukraine war rent an apartment for 20-40 thousand liras per month and…

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Solar energy capacity exceeding 8 thousand megawatts spread to 78 provinces of Turkey

Turkey’s current installed capacity of electricity has reached 100 thousand 334 megawatts, and the share of solar energy in electricity…

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Confession of the economic crisis in Turkey!

“Unfortunately, we have experienced and are living together some developments that have negatively affected living standards,” said Numan Kurtulmuş, the…

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Loan from the World Bank to Turkey

The World Bank will provide $341 million in loans to support the green and competitive growth of Turkey’s agricultural sector.…

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Turkey to resume dairy exports to China

Exports of Turkish milk and dairy products to China can resume as Chinese authorities have given the all clear, Turkey’s…

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Turkey to impose curfew in 31 provinces amid COVID-19

Four-day curfew in cities including Ankara, Istanbul and Izmir to remain in effect until midnight Sunday. Turkey will impose a…

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Sea links to Istanbul to be suspended over virus

Travel by private boats across city also suspended, while transit cargo, passenger transportation allowed, authorities say. Sea transportation to and…

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