Turkish economy
- Turkiye
Turkiye Flags 40,000 High-Risk Taxpayers Amid Push for Voluntary Compliance
The Ministry of Treasury and Finance in Turkiye has flagged 40,000 taxpayers as high-risk following a large-scale assessment involving 500,000…
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Turkiye’s Central Government Budget Posts $7 Billion Deficit in March Despite Rising Revenues
Central government budget revenues hit $20.6B, while expenditures at $27.6, according to Treasury and Finance Ministry data Türkiye’s central government…
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Turkiye Revives Istanbul Canal Megaproject with New Investments, Bridges, and Housing Tenders
The Istanbul Canal project, regarded as the most ambitious in Türkiye’s history, remains one of the country’s top infrastructure initiatives,…
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Turkish Economy’s Total Turnover Sees 3.4% Monthly Growth Led by Construction Sector
Construction sector posts largest monthly rise with 6%, official data shows The Turkish economy’s total turnover grew 3.4% month-on-month in…
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Rising Costs Spark ‘Half-Wedding’ Trend in Turkiye Ahead of Busy Wedding Season
With the wedding season approaching in Türkiye, rising costs have led couples to adopt the trending concept of “half-wedding,” enabling…
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Turkiye’s Food Inflation Slows for Third Consecutive Month, Annual Rate at 29.5%
Monthly food inflation in Türkiye slightly declined to 3.25% in March, bringing the annual rate to 29.5% and marking the…
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Turkiye’s Manufacturing PMI Drops to 47.3 in March, Signaling Continued Slowdown
The Istanbul Chamber of Industry (ISO) reported Wednesday that Türkiye’s Manufacturing Purchasing Managers’ Index (PMI) fell to 47.3 in March,…
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Turkiye Approves ADQ’s Acquisition of Odeabank, Strengthening UAE Investment Ties
Türkiye’s Competition Authority announced on Friday that it approved the acquisition of full control of Turkish lender Odeabank by Abu…
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Hunger threshold in Turkiye reaches $621, above minimum wage
The monthly cost of maintaining a healthy and balanced diet for a family of four in Türkiye has risen to…
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