economic policy
- Turkiye
Saudi-Owned Firm to Invest $5 Billion in Turkiye’s Energy Sector as Foreign Direct Investment Accelerates
A Saudi-owned company is planning to invest as much as $5 billion (TL 170.91 billion) in Türkiye, focusing on the…
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Turkiye’s economic policy pivot is ‘more durable: Fitch Ratings
As Türkiye’s credit rating raises to B+, fiscal monetary credit, income policies to play role in attempting to bring inflation…
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FX-protected deposits down by 782 billion liras since August
FX-protected deposits declined by 781.6 billion Turkish Liras ($26.2 billion) since mid-August last year to end 2023 at 2.63 trillion…
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Turkiye’s Central Bank delivers larger-than-expected rate hike
Turkiye’s Central Bank hiked interest rates Thursday by 500 basis points, from 35% to 40%. The hike was larger-than-expected as…
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With manufacturing loans rising, can China avoid a new supply glut?
Lending data from China’s central bank offers a glimpse of government priorities: as of the end of September, outstanding loans…
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Turkiye’s central bank raises year-end inflation forecast to 58%
Turkiye’s central bank raised its end-2023 inflation forecast to 58.0% from 22.3% in its previous report, its new governor, Hafize…
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Turkish Central Bank facilitates exporters’ access to finance
Bank 5-folds daily limit of rediscount loans providing finance for exports The Central Bank of Turkiye five-folded the daily limits…
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Eyes on Turkish Central Bank for rate decision
Turkiye was widely expected today to raise interest rates to fight inflation. The central bank is expected to change course…
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New Turkish government cabinet will include markets friendly Mehmet Simsek, sources say
Turkish President Tayyip Erdogan is viewed as almost certain to include former economy chief Mehmet Simsek in his new cabinet…
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2021: Year of records and challenges for Turkish economy
From record-breaking exports, stocks to inflation, currency crunch, 2021 was a year of highs and lows for Turkish economy It…
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