Categories Economy Finance HIGHLIGHTS Turkey’s Inflation Decline Highlighted by CBRT Governor and Treasury Minister at London Cem CetingucPosted on16 January, 2025 Fatih Karahan, Governor of the Central Bank of the Republic of Turkey (CBRT), announced positive … Continue ReadingTurkey’s Inflation Decline Highlighted by CBRT Governor and Treasury Minister at London
Categories Economy HIGHLIGHTS Politics Turkey Adopts Controlled Currency Depreciation to Attract Foreign Investors Cem CetingucPosted on14 January, 2025 Turkey’s monetary authorities are implementing measures to instill greater confidence among foreign investors, recognizing their … Continue ReadingTurkey Adopts Controlled Currency Depreciation to Attract Foreign Investors
Categories Economy HIGHLIGHTS Turkey Raises Toll Fees by 42% Amid Economic Pressures Cem CetingucPosted on14 January, 202514 January, 2025 In 2025, Turkey has implemented substantial toll fee increases for its highways, tunnels, and bridges, … Continue ReadingTurkey Raises Toll Fees by 42% Amid Economic Pressures
Categories HIGHLIGHTS Politics Turkey Aims to Accelerate Disinflation and Structural Reforms in 2025: Minister Şimşek Cem CetingucPosted on13 January, 2025 Turkey’s economic administration is set to prioritize accelerating disinflation and advancing structural reforms in 2025, … Continue ReadingTurkey Aims to Accelerate Disinflation and Structural Reforms in 2025: Minister Şimşek
Categories Economy HIGHLIGHTS CBRT Prepares for Extended Rate Cuts Amid Economic Challenges Cem CetingucPosted on13 January, 2025 The Central Bank of Turkey is gearing up for a prolonged cycle of interest rate … Continue ReadingCBRT Prepares for Extended Rate Cuts Amid Economic Challenges
Categories Economy HIGHLIGHTS Economists confident disinflation process is on track for coming months and years Cem CetingucPosted on17 December, 2024 Türkiye’s disinflation process is consistent with the country’s goals of a soft landing, leaving behind … Continue ReadingEconomists confident disinflation process is on track for coming months and years
Categories Economy HIGHLIGHTS BBVA Research: Türkiye Economic Outlook Cem CetingucPosted on9 December, 2024 We expect US protectionism to fuel uncertainty, and pressure global growth downwards and inflation upwards. … Continue ReadingBBVA Research: Türkiye Economic Outlook
Categories Business HIGHLIGHTS Politics Minister Şimşek focuses on strengthening economic ties from Gulf nations Cem CetingucPosted on10 October, 2024 The economic program the government is implementing is working, Finance Minister Mehmet Şimşek has said, adding that … Continue ReadingMinister Şimşek focuses on strengthening economic ties from Gulf nations
Categories General HYPED Politics AKP internal report: Voters want better economy, justice Cem CetingucPosted on9 October, 20249 October, 2024 The Turkish electorate’s priorities have changed since last year’s elections as the economy and justice … Continue ReadingAKP internal report: Voters want better economy, justice
Categories Economy HIGHLIGHTS Erdoğan: Independent judiciary is cruciall for economic growth Cem CetingucPosted on16 September, 2024 President Recep Tayyip Erdoğan has emphasized the importance of an independent judiciary as a cornerstone of … Continue ReadingErdoğan: Independent judiciary is cruciall for economic growth
Categories Economy HIGHLIGHTS Politics DEM Party’s Temelli warns of stagflation, emphasizes democracy for salvation Cem CetingucPosted on9 September, 2024 Sezai Temelli, an economist and deputy of the pro-Kurdish Peoples’ Equality and Democracy Party (DEM … Continue ReadingDEM Party’s Temelli warns of stagflation, emphasizes democracy for salvation
Categories Economy HIGHLIGHTS Medium-Term Economic Program projects 3.5% growth for 2024 Cem CetingucPosted on5 September, 20245 September, 2024 Türkiye’s economy is expected to grow by 3.5 percent this year before the GDP expansion accelerates to … Continue ReadingMedium-Term Economic Program projects 3.5% growth for 2024
Categories Economy HIGHLIGHTS Turkish economy expands at a slower-than-expected pace Cem CetingucPosted on2 September, 2024 Türkiye’s economy expanded at a slower-than-expected pace in the second quarter, official data showed on … Continue ReadingTurkish economy expands at a slower-than-expected pace
Categories Economy HIGHLIGHTS Turkey’s foreign trade deficit decline in August Cem CetingucPosted on2 September, 2024 Türkiye’s foreign trade deficit continued to decline in August, narrowing 43.4 percent year-on-year to $4.93 billion last month, … Continue ReadingTurkey’s foreign trade deficit decline in August
Categories Economy HIGHLIGHTS Turkey’s foreign trade deficit drops by 42 percent in July Cem CetingucPosted on28 August, 202428 August, 2024 Türkiye’s foreign trade deficit declined by 41.8 percent year-on-year in July to $7.3 billion as exports rose … Continue ReadingTurkey’s foreign trade deficit drops by 42 percent in July
Categories Economy HIGHLIGHTS Challenges to economic outlook mount despite Simsek’s efforts Cem CetingucPosted on19 August, 202419 August, 2024 The Turkish economy is currently grappling with significant inflation challenges, forcing adjustments from both authorities … Continue ReadingChallenges to economic outlook mount despite Simsek’s efforts
Categories HIGHLIGHTS HYPED Widespread Discontent: Over 80 percent criticize Türkiye’s economic management across party lines Cem CetingucPosted on5 August, 2024 In a recent “Türkiye’s Pulse July Survey” conducted by Metropoll Research, 81.3% of the Turkish … Continue ReadingWidespread Discontent: Over 80 percent criticize Türkiye’s economic management across party lines
Categories Economy HIGHLIGHTS Turkey sets record for July exports as trade deficit shrinks Cem CetingucPosted on2 August, 2024 Turkish exporters’ shipments reached a record high in July, a top official said on Friday, … Continue ReadingTurkey sets record for July exports as trade deficit shrinks
Categories Economy HIGHLIGHTS July survey shows continued improvement in inflation expectations Cem CetingucPosted on22 July, 2024 Inflation expectations for the end of 2024 declined from 43.52 percent in June to 42.95 percent … Continue ReadingJuly survey shows continued improvement in inflation expectations
Categories Economy HIGHLIGHTS Turkey’s budget deficit 23.6 billion dollar in first half Cem CetingucPosted on16 July, 2024 In the first half of 2024, Turkey’s central government budget recorded a deficit of 747.2 … Continue ReadingTurkey’s budget deficit 23.6 billion dollar in first half