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Tag: budget deficits

Erdogan’s U-turn in economic policy promises hope for Turkey
Categories Atilla Yeşilada Economy HIGHLIGHTS

Erdogan’s U-turn in economic policy promises hope for Turkey

Atilla YeşiladaPosted on25 July, 2023

Columnist Atilla Yesilada explains why Erdogan gave up on his crazy economic ideas, entrusting the … Continue ReadingErdogan’s U-turn in economic policy promises hope for Turkey

Head of Turkish Exporters: FX rate is the real indicator for inflation
Categories Economy General HIGHLIGHTS

Head of Turkish Exporters: FX rate is the real indicator for inflation

Cem CetingucPosted on8 December, 20228 December, 2022

The exchange rate should be directly proportional to inflation levels, the head of the Turkish … Continue ReadingHead of Turkish Exporters: FX rate is the real indicator for inflation

Fatih Ozatay:  Nettlesome PPP guarantees should be revised
Categories Business HIGHLIGHTS

Fatih Ozatay:  Nettlesome PPP guarantees should be revised

Atilla YeşiladaPosted on4 November, 2022

Within the framework of the public-private partnership (PPP) model, income guarantees, which impose a significant … Continue ReadingFatih Ozatay:  Nettlesome PPP guarantees should be revised

July budget analysis: So far, so good
Categories Finance HIGHLIGHTS

July budget analysis: So far, so good

Atilla YeşiladaPosted on15 August, 2022

YTD budget outturn exceeds expectations, YE target within reach … Read More >July budget analysis: So far, so good

Y.F. Macro Focus: Transfers to FX protected deposit accounts and SOEs put downward pressure
Categories Economy Finance General HIGHLIGHTS

Y.F. Macro Focus: Transfers to FX protected deposit accounts and SOEs put downward pressure

Cem CetingucPosted on16 May, 2022

In April, budget gave a deficit of TRY50.2bn (Apr.21: TRY-16.9bn, Mar.22: TRY-69bn). Despite, there was no … Continue ReadingY.F. Macro Focus: Transfers to FX protected deposit accounts and SOEs put downward pressure

Erdogan promises draconian hikes to pensions
Categories Business General HYPED

Erdogan promises draconian hikes to pensions

Atilla YeşiladaPosted on20 December, 2021

Some 13.5 million retirees in Turkey will receive at least 40 percent raise to their … Continue ReadingErdogan promises draconian hikes to pensions

BNP Paribas TEB:  Outlook for Turkish Economy
Categories Economy HIGHLIGHTS

BNP Paribas TEB: Outlook for Turkish Economy

Atilla YeşiladaPosted on21 July, 202021 July, 2020

Turkey first quarter GDP for 2020 increased 4.5% y/y Seasonally and calendar adjusted  GDP increased … Continue ReadingBNP Paribas TEB: Outlook for Turkish Economy

An introduction to Erdoganomics:  Stealing from tomorrow to save the day
Categories Economy

An introduction to Erdoganomics: Stealing from tomorrow to save the day

Atilla YeşiladaPosted on17 July, 202017 July, 2020

President Erdogan’s economic policies don’t fit any school of economic thought known on Planet Earth … Continue ReadingAn introduction to Erdoganomics: Stealing from tomorrow to save the day

“Tobin taxes” raise concern about ‘capital controls’
Categories Business

“Tobin taxes” raise concern about ‘capital controls’

Atilla YeşiladaPosted on29 May, 202029 May, 2020

Turkish government is trying to cover the FX shortage and budget deficits caused by the … Continue Reading“Tobin taxes” raise concern about ‘capital controls’

Covid-19 takes its toll on public budget
Categories Economy

Covid-19 takes its toll on public budget

Editor P.A.Posted on4 May, 202021 May, 2020

The central government budget posted a TRY43.7bn deficit in March, compared to the TRY24.5bn deficit … Continue ReadingCovid-19 takes its toll on public budget

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