Türkiye’s public budget shrank in January when compared to a month earlier, official data showed on Thursday as expenditures slightly weighed over revenues, delivering a…
Posts tagged as “Turkish Economy”
Türkiye won’t do anything “extraordinary” to curb inflation, Treasury and Finance Minister Mehmet Şimşek said Friday, emphasizing the commitment to employing conventional monetary policies. Addressing…
Trade Minister Ömer Bolat on Wednesday hailed the fact that Türkiye managed to exceed the $100 billion mark in services exports for the first time…
Turkish private lender Akbank will invest $200 million (TL 6.14 billion) in technology in 2024, its CEO Kaan Gür told a news conference on Tuesday.…
Türkiye saw foreign direct investments (FDI) exceed $10 billion (TL 307.23 billion) throughout 2023, a senior official said Tuesday, stressing indicators that signal the inflow…
Türkiye ended 2023 with a lower-than-expected current account deficit of nearly $2.1 billion (TL 64.52 billion) in December, according to official data on Tuesday that…
Türkiye’s economy chief on Friday announced he had instructed a new capital increase for the state-owned export credit agency, marking the third such hike since…
Türkiye’s flour exports last year reached a historic high of 3.66 million tons and have thus broken the world record in foreign sales, a top…
The export climate for Turkish manufacturers rebounded in January, according to a survey Thursday that signaled moderate improvement in demand conditions in the country’s key…
Türkiye’s industrial production registered an annual increase of 1.6% in December, the country’s statistical authority said Friday. While the mining and quarrying subindex fell 1.2%,…