An further 1.8 million Ukrainians have fallen into poverty since 2020, elevating the entire to roughly 29% of the inhabitants, the World Bank mentioned in
Tag: Economy
ECB ready to start cutting interest rates: Chief economist
The European Central Bank (ECB) is able to begin slicing rates of interest subsequent month, however coverage should proceed to be restrictive this 12 months
CBRT’s new measures to tackle excess liquidity, lending growth
The new measures launched by the Turkish central financial institution will make sure the sterilization of extra liquidity, help lira deposits and forestall extreme lending
Türkiye, Czechia eager to lift trade volume to $10 billion
Trade Minister Ömer Bolat on Wednesday mentioned Türkiye and Czechia had been decided to lift their bilateral items change quantity to $10 billion (TL 321.81
Türkiye sticks to record foreign exchange reserve building mode
Türkiye’s overseas alternate reserves rose by virtually $9.8 billion final week, official information confirmed Thursday, because the central financial institution continues to shore up its
Germany’s skilled labor shortage hampers output: Study
If German firms might guarantee the availability of expert labor, they may generate a further 49 billion euros ($52 billion) price of products and providers
Türkiye to announce savings plan on Monday: Şimşek
Türkiye is ready to announce a bundle of financial savings measures on Monday, Treasury and Finance Minister Mehmet Şimşek mentioned Friday, as the federal government
Türkiye, Kazakhstan agree to boost mining, electricity cooperation
Türkiye and Kazakhstan are ramping up cooperation and can strengthen their collaboration within the fields of mining and electrical energy, prime official mentioned on Thursday.
Türkiye touts growing investments in Romania, robust trade
Vice President Cevdet Yılmaz on Thursday mentioned Türkiye has made billions of {dollars} value of direct investments in Romania and mentioned the 2 international locations
Türkiye to implement ‘strong’ public savings measures in H2: Şimşek
Treasury and Finance Minister Mehmet Şimşek on Friday stated robust measures meant to reinforce public financial savings will come into drive within the second half