Categories Economy HIGHLIGHTS Retail prices in Istanbul rose by 3.42 percent in June, well above the CBRT’s target path Güldem AtabayPosted on1 July, 2024 The rate of change compared to the same month of the previous year, which shows … Continue ReadingRetail prices in Istanbul rose by 3.42 percent in June, well above the CBRT’s target path
Categories Economy HIGHLIGHTS Treasury and Finance Minister speaks on BloombergHT: Tax to equities will come but with the next tax package, Güldem AtabayPosted on1 July, 2024 Treasury and Finance Minister Mehmet Şimşek made evaluations on the main issues of the economy … Continue ReadingTreasury and Finance Minister speaks on BloombergHT: Tax to equities will come but with the next tax package,
Categories Economy HIGHLIGHTS Politics Turkey’s government in disharmony: What is happening between AKP and MHP? Güldem AtabayPosted on14 June, 202414 June, 2024 With MHP leader Devlet Bahçeli’s latest exit, discussions have started about what is happening between … Continue ReadingTurkey’s government in disharmony: What is happening between AKP and MHP?
Categories HIGHLIGHTS Politics Murat Yetkin: Bahçeli’s memorandum to Erdoğan – If you are going to walk with Özel, let me get out of the way Güldem AtabayPosted on12 June, 2024 It was expected that MHP leader Devlet Bahçeli would respond to President Tayyip Erdoğan’s decision … Continue ReadingMurat Yetkin: Bahçeli’s memorandum to Erdoğan – If you are going to walk with Özel, let me get out of the way
Categories HIGHLIGHTS Markets Turkey Eyes Taxing Stock Gains as Part of Fiscal Tightening Push Güldem AtabayPosted on4 June, 2024 Turkey is considering taxing investments in stocks and cryptoassets. Treasury and Finance Minister Mehmet Simsek … Continue ReadingTurkey Eyes Taxing Stock Gains as Part of Fiscal Tightening Push
Categories Economy HIGHLIGHTS Politics Constitutional Court annuls Erdogan’s power to dismiss Central Bank governor Güldem AtabayPosted on4 June, 2024 The Constitutional Court (AYM) unanimously annulled AKP President Erdoğan’s power to appoint the head of … Continue ReadingConstitutional Court annuls Erdogan’s power to dismiss Central Bank governor
Categories Economy HIGHLIGHTS Politics CHP leader Özel warned Erdoğan: ” If this path continues no one can stand in the way of early elections” Güldem AtabayPosted on4 June, 2024 Speaking at his party’s group meeting, Republican People’s Party (CHP) Chairman Özgür Özel harshly criticized … Continue ReadingCHP leader Özel warned Erdoğan: ” If this path continues no one can stand in the way of early elections”
Categories Economy HIGHLIGHTS Prof. Fatih Özatay: Inflation will fall but minimum wage must rise Güldem AtabayPosted on4 June, 20244 June, 2024 Inflation was 75.5 per cent in May, when almost everyone expected the highest annual consumer … Continue ReadingProf. Fatih Özatay: Inflation will fall but minimum wage must rise
Categories Economy HIGHLIGHTS Simsek: Turkey to assess easing long term swap restrictions initially Güldem AtabayPosted on20 May, 202420 May, 2024 Treasury and Finance Minister Mehmet Şimşek said that they are working on a minimum corporate … Continue ReadingSimsek: Turkey to assess easing long term swap restrictions initially
Categories Güldem Atabay HIGHLIGHTS Güldem Atabay: Simsek’s disappointing Austerity Package and the problem of public policy building capacity Güldem AtabayPosted on13 May, 202413 May, 2024 Nearly a year has elapsed since Mehmet Şimşek assumed office as Finance Minister. Throughout this … Continue ReadingGüldem Atabay: Simsek’s disappointing Austerity Package and the problem of public policy building capacity
Categories Economy HIGHLIGHTS Şimşek’s ‘Austerity package’ is a declaration of intent, more is needed Güldem AtabayPosted on13 May, 2024 Treasury and Finance Minister Mehmet Şimşek and Vice President Cevdet Yılmaz announced the ‘public savings … Continue ReadingŞimşek’s ‘Austerity package’ is a declaration of intent, more is needed
Categories Economy HIGHLIGHTS Politics Şimşek to announce austerity measures on Monday: Here are the expectations Güldem AtabayPosted on10 May, 202411 May, 2024 Treasury and Finance Minister Mehmet Şimşek will announce a ‘comprehensive package’ in the coming days. … Continue ReadingŞimşek to announce austerity measures on Monday: Here are the expectations
Categories HIGHLIGHTS Politics Erdoğan: Economic and social problems should not take the new constitution efforts off the agenda Güldem AtabayPosted on10 May, 202410 May, 2024 President Erdoğan spoke at the 156th foundation anniversary of the Council of State. Giving a … Continue ReadingErdoğan: Economic and social problems should not take the new constitution efforts off the agenda
Categories Economy HIGHLIGHTS Bloomberg: Turkey to unveil fiscal austerity plans next Monday Güldem AtabayPosted on9 May, 2024 According to sources familiar with the matter, Turkish authorities are preparing to unveil a set … Continue ReadingBloomberg: Turkey to unveil fiscal austerity plans next Monday
Categories Economy HIGHLIGHTS Cevdet Akçay: We do not expect inflation to exceed the upper band, if the transmission mechanism had not been strengthened, we would have had a hard landing in the economy Güldem AtabayPosted on9 May, 20249 May, 2024 Following the end of CBRT Governor Karahan’s presentation, the question and answer session started. Do … Continue ReadingCevdet Akçay: We do not expect inflation to exceed the upper band, if the transmission mechanism had not been strengthened, we would have had a hard landing in the economy
Categories Economy HIGHLIGHTS Turkey’s Central Bank raised its year-end inflation forecast… Güldem AtabayPosted on9 May, 2024 In the second Inflation Report presentation of the year, Central Bank Governor Fatih Karahan announced … Continue ReadingTurkey’s Central Bank raised its year-end inflation forecast…
Categories Economy HIGHLIGHTS CBRT: Current course poses an upside risk to the inflation outlook Güldem AtabayPosted on3 May, 2024 In the summary of the 25 April 2024 Monetary Policy Committee (MPC) meeting, the Central … Continue ReadingCBRT: Current course poses an upside risk to the inflation outlook
Categories Economy HIGHLIGHTS Turkish inflation nears 70 percent and more to come in May Güldem AtabayPosted on3 May, 20243 May, 2024 Inflation in Turkey has continued to rise for the sixth consecutive month. The growth of consumer … Continue ReadingTurkish inflation nears 70 percent and more to come in May
Categories Economy HIGHLIGHTS Turkey’s April PMI in the contraction territorry Güldem AtabayPosted on2 May, 2024 According to ITO PMI, the slowdown in the economy became more evident after the local … Continue ReadingTurkey’s April PMI in the contraction territorry
Categories Economy General HIGHLIGHTS OECD growth and inflation forecasts for Turkey Güldem AtabayPosted on2 May, 2024 The OECD revised its 2024 growth forecast for the Turkish economy upwards, while projecting average … Continue ReadingOECD growth and inflation forecasts for Turkey
