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Tag: economic policies

Türkiye says won’t raise rates to near inflation after elections
Economy

Türkiye says won’t raise rates to near inflation after elections

May 5, 2023May 5, 2023

Türkiye’s central financial institution won’t increase rates of interest to above or close to the present headline inflation after the upcoming vital elections, Treasury and

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No turning back from low-rate-based policies after vote: Erdoğan
Economy

No turning back from low-rate-based policies after vote: Erdoğan

April 19, 2023April 19, 2023

President Recep Tayyip Erdoğan late Tuesday stated his authorities wouldn’t reverse the course of its financial insurance policies and would preserve favoring decrease rates of

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Türkiye’s AK Party says opposition’s economic pledges will backfire
Economy

Türkiye’s AK Party says opposition’s economic pledges will backfire

March 14, 2023March 14, 2023

Türkiye’s ruling social gathering, the Justice and Development Party (AK Party), has criticized the opposition bloc’s pledges to finish or reverse the present authorities’s financial

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Turkish industrial output beats expectations despite gloomy outlook
Economy

Turkish industrial output beats expectations despite gloomy outlook

December 25, 2022December 25, 2022

Türkiye’s industrial output expanded far more than anticipated in October, official information confirmed Tuesday, towards expectations for a contraction amid a slowdown in a few

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A year on, Türkiye says FX-protected lira scheme boosts stability
Business

A year on, Türkiye says FX-protected lira scheme boosts stability

December 23, 2022

A scheme Türkiye adopted a yr in the past geared toward defending Turkish lira deposits from depreciation versus onerous currencies has contributed to the strengthening

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