In 2028, Turkey aims to rank in the top 3 in the world in terms of the number of tourists and to generate 100 billion dollars in revenues. Minister of Culture and Tourism Mehmet Nuri Ersoy announced...
Will the Central Bank of Turkey (CBRT) continue the wave of interest rate hikes initiated by Mehmet Şimşek? All 11 economists participating in the Reuters survey before the February interest rate...
Treasury and Finance Minister Mehmet Şimşek said, "We will not do anything extraordinary while reducing inflation, conventional monetary policies will be applied, tightening monetary policies will...
The house price index rose by 1.15 percent in December, the slowest increase since November 2019. According to data from the Central Bank of the Republic of Turkey (CBRT), house prices in Turkey...
Ziraat Katılım's balance sheet size reached TL 384.2 billion as of the end of 2023. In the statement made by the bank regarding the financial data for 2023, it was reported that Ziraat Katılım...
While the loan volume of the banking sector experienced the highest growth in two months, commercial loan interest rates reached the highest level since 2003. Commercial loans with installments...
According to the data released by the Ministry of Treasury and Finance, the central government budget posted a deficit of 150.7 billion TRY in January. Interest expenditures increased by 466.9...
Retail sales volume at constant prices increased by 11.4 percent year-on-year in December 2023. Turkish Statistical Institute announced retail sales indices for the period of December 2023....
According to data from the Central Bank of the Republic of Turkey (CBRT), the current account deficit, which was 49.1 billion dollars in 2022, decreased to 45.2 billion dollars in 2023. The Medium...
Economist Mahfi Eğilmez said that the era of 'making money from money' is over in Turkey and the era of 'losing money from money' has begun. Eğilmez attributed the problem to high inflation. Mahfi...
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.Ok