Treasury
- Turkiye
Turkish Finance Minister Simsek advises investors to buy long-term Turkish bonds
Turkish Treasury and Finance Minister Mehmet Simsek suggested financial investors to extend their purchases of Türkiye’s long-term bonds, emphasizing the…
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Asian Development Bank Expands Operations in Turkiye Following Regional Membership Upgrade
The Asian Development Bank (ADB) decided to commence operations in Türkiye, following the country’s transition from “non-regional member” to “regional…
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Turkiye’s Government Budget Deficit Expands to $59.1 Billion
The central government budget produced a deficit of 2.1 trillion Turkish Liras ($59.1 billion) last year, up from 1.38 trillion…
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Turkiye’s Net External Debt Rises to $265.4 Billion Amid Decline in Debt-to-GDP Ratio
Türkiye’s net external debt stock rose from $265 billion in the second quarter of 2024 to $265.4 billion in the…
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Turkiye’s Central Budget Deficit Widens to $5.45 Billion in October
Budget revenues amounted to $22.5B, while expenditures totaled $27.95B, according to Treasury and Finance Ministry data Türkiye’s central government budget…
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Turkiye Uncovers $117 Million in Unregistered Watch Trade Amid Crackdown on Informal Economy
The Treasury and Finance Ministry’s Tax Audit Board (VDK) has identified taxpayers engaged in unregistered watch trade, discovering 4 billion…
Read More » - UAE
$1.38 billion in bids for UAE’s latest Islamic Treasury Sukuk auction: UAE MoF
A 4.6x oversubscription on $299.4 million issued The UAE Ministry of Finance (MoF), in partnership with the Central Bank of…
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Turkiye’s Cash Budget Deficit Rises to $5.7 Billion in August Amid Lower Revenues
The Treasury’s cash budget posted a deficit of 194 billion Turkish Liras ($5.7 billion) in August, higher than the deficit…
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Asian factories show tentative recovery as China improves
Asian factories, including China’s manufacturing sector, showed signs of a tentative recovery in August and chip makers benefitted from firm…
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