The European Bank for Reconstruction and Development (EBRD) has revised its progress forecast for Türkiye in 2023, reducing it to 2.5% from the beforehand projected
Tag: Turkish economy
Türkiye’s budget logs $6.8 billion deficit in April
The central authorities finances of Türkiye posted a deficit of TL 132.5 billion ($6.8 billion) in April, the Treasury and Finance Ministry mentioned Monday. The
Turkish agri exports hit 4-month record despite quakes, supply woes
Türkiye’s agriculture exporters have managed to take care of tempo and elevate their abroad gross sales to document within the first 4 months of this
Erdoğan announces increase in minimum wage for civil servants
President Recep Tayyip Erdoğan on Thursday introduced a call to lift the minimal month-to-month civil servants wage to TL 22,000 ($1,124). “We will arrange the
Interest rate hikes ‘out of question’ for Türkiye: Finance chief
Treasury and Finance Minister Nureddin Nebati mentioned Wednesday that Türkiye would persist with its low-interest charges coverage, the core of the federal government’s financial insurance
Türkiye’s industrial output jumps 5.5% in March after quakes
Türkiye’s industrial manufacturing jumped in March from a earlier month marked by devastating earthquakes that razed the nation’s southeastern area, official information confirmed Wednesday. Industrial
Türkiye hikes state worker wages by 45% ahead of key elections
President Recep Tayyip Erdoğan on Tuesday introduced a forty five% improve in wages of state employees, in a transfer that comes simply earlier than Türkiye
Türkiye hikes public worker wages by 45%: Erdoğan
President Recep Tayyip Erdoğan on Tuesday introduced a forty five% improve in wages of public employees, in a transfer that comes as Türkiye heads to
Turkish export climate gains pace on robust output in key markets
The export local weather for Turkish producers gathered additional tempo in April, a survey confirmed Monday, pushed by momentum in manufacturing in its high export
Türkiye’s former Economy Minister Kemal Derviş dies at 74
Türkiye’s former Economy Minister Kemal Derviş breathed his final Monday within the U.S., the place he was receiving therapy, native media reported. Derviş, who handed