gdp
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European bank raises growth forecast for 2023
GDP in EBRD regions expected to hike 2.4% this year, marking 0.2 percentage point upward revision from previous report The…
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GCC Nations Consider Single Visa to Enhance Regional Travel, UAE Economy Minister Reveals
Development of tourism is a major aim of Middle Eastern nations, especially the six-member economic bloc GCC countries are planning…
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Turkiye: Central government budget posts surplus in August
The central government budget produced a surplus of 51.27 billion Turkish Liras in August, thanks to strong tax revenues. Budget…
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Türkiye aims 4.5% GDP growth on average in 2024-2026
The Turkish government aims a 4.5% gross domestic product growth rate on average in three years to 2026, according to…
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Turkiye in Q2 posts 2nd-strongest growth rate among OECD countries in Q2
Country’s economy grows 3.8% year-on-year in 2nd quarter of 2023, behind only Ireland’s 5.1% annual GDP growth rate Turkiye boasted…
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Middle East’s digital economy to hit $780 billion by 2030 and outpace global growth
The fourfold increase will be supported by favourable demographics, strong policy support, solid funding and rising innovation, UBS says The…
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CBRT’s August Market Participants Survey has been published
According to the Central Bank of the Republic of Turkiye (CBRT) Market Participants Survey, the year-end Consumer Price Index (CPI)…
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E-commerce market size tops 800 billion Turkish Liras
The size of Turkiye’s e-commerce market grew from 382 billion Turkish Liras in 2021 to 801 billion liras last year,…
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Chinese economy expands 5.5% in H1
New figures show economy grew below expectations in 2nd quarter, raising doubts on government’s 5% growth target China’s gross domestic…
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Turkiye: Year-end inflation expectations rise
Inflation expectations for the end of 2023 deteriorated from 38.55 percent to 43.8 percent, the Central Bank’s monthly survey showed…
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