Prime Minister: Turkey will continue to borrow for its growing economy

Prime Minister: Turkey will continue to borrow for its growing economy

Binali YILDIRIM, last PM of Turkey   Right after the elections and prior to the appointment of the new cabinet by President Erdoğan, Turkey’s last Prime Minister Binali YILDIRIM addressed exporters at the General Assembly of Exporters Union. Mr. YILDIRIM said Turkey was a country that grew via borrowing and it would continue to do so. He also More...

by BTT | Published 2 weeks ago
What does Turkey need to do to recover economy after elections?
By BTT On Friday, June 29th, 2018
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What does Turkey need to do after elections, to recover its economy ?

Turkish Deputy Prime Minister Mehmet SIMSEK – BusinessTurkeyToday.com   Turkey is now over with presidential and deputy elections which has resulted with the victory of Nation’s Alliance consisting More...

Central Bank increases year-end inflation expectation from 11.07 percent to 12.28
By BTT On Tuesday, June 19th, 2018
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Central Bank increases year-end inflation expectation from 11.07 percent to 12.28

Central Bank of Turkey   As top vital presidential and deputy elections to be held in Turkey on June 24 approach the administration is continuing to have issues with economy. Most recently The Central Bank More...

What does Turkey need to do to recover economy after elections?
By BTT On Saturday, June 16th, 2018
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Turkey determined to accelerate structural reforms after June 24 elections

Turkish Deputy Prime Minister Mehmet SIMSEK – BusinessTurkeyToday.com   Only a short while towards presidential and deputy elections on June 24,Turkey has no doubt major problems in economy such as devaluating More...

Turkey's first participation bank Albaraka Turk will start Islamic digital banking in Germany
By BTT On Saturday, June 16th, 2018
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Turkey’s first participation bank Albaraka Turk will start Islamic digital banking in Germany

Albaraka Turk Branch, Turkey   The modern stage of Islamic banking is accepted to have started in the 1970s following the establishment The Islamic Development Bank in Saudi Arabia when a number of commercial More...

Turkey’s foreign trade deficit increases by 54.2 percent to USD 5.7 billion in February
By BTT On Saturday, June 2nd, 2018
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Turkey’s foreign trade deficit increases by 5.35 percent to US$ 7 billion 729 million

Turkey’s Exports, commercial vessel – BusinessTurkeyToday.com   The Ministry of Customs and Trade published a bulletin covering data on foreign trade for May. It was mentioned in said bulletin that More...

Turkey’s Finance Minister: We will do financial tightening as soon as possible
By BTT On Saturday, June 2nd, 2018
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Turkey’s Finance Minister: We will do financial tightening as soon as possible

Naci Ağbal, Turkey’s Finance Minister   Mr. Naci AGBAL, Turkey’s Finance Minister has made statements about financial policies Turkey is to follow in the coming period to overcome pending economic More...

Are Turkey’s banks strong enough to protect themselves against economic fluctuations?
By BTT On Friday, June 1st, 2018
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Are Turkey’s banks strong enough to protect themselves against economic fluctuations?

BRSA(Banking Regulation & Supervision Agency)   Ahead of presidential and deputy elections to be held on 24 June 2018, Turkey’s economy is facing some difficulties such as excessive devaluation of Turkish More...

What does Turkey need to do to recover economy after elections?
By BTT On Saturday, May 26th, 2018
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Turkey’s Deputy PM says “We will not be stubborn with the markets”

Turkish Deputy Prime Minister Mehmet SIMSEK – BusinessTurkeyToday.com   Mehmet SIMSEK (Deputy Prime Minister for the Economy) who is scheduled to go to London next week with Murat CETINKAYA, President More...

Turkey’s Inflation exceeds expectations in November 2017
By BTT On Tuesday, May 22nd, 2018
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Experts forecast 2018 year-end inflation in Turkey to exceed 11 percent

In the CBRT (Central Bank) Survey of Expectations, the year-end TÜFE (Consumer Price Index) expectation rose to 11.07 percent from 10.07 percent. While the current year-end TÜFE expectation was 10.07 percent More...