Turkey extends 21 billion dollars of financial aid to 170 countries between 2010 and 2016

Turkey extends 21 billion dollars of financial aid to 170 countries between 2010 and 2016

Thus, Turkey realized a total financial aid of USD 21 billion to 170 countries for development in 7 years. It is reported that Turkey has provided US$ 21 billion in financial aid to 170 countries between 2010 and 2016. In this period, the largest official development aid was made to Syria with 13 billion 666 million dollars. During the period 2010-2016 More...

by Editor | Published 1 month ago
By Editor On Saturday, December 16th, 2017
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Turkey’s unemployment rate drops to 10.6 percent in September

The Turkish economy which has been struggling to get on the right track again after having incurred several blows such as the failed coup attempt in 2016 and deteriorating relations with neighbors and Russia etc. More...

Turkish Eximbank; the only financial institution to reduce interest rates in Turkey
By Editor On Friday, December 15th, 2017
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Turkish Eximbank; the only financial institution to reduce interest rates in Turkey

Türk Eximbank started forward-future transactions for exporters under the direction of the exchange rate in 2011 and has been practicing it since then. Türk Eximbank started forward-future transactions for exporters More...

By Editor On Friday, December 15th, 2017
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Central government budget deficit exceeds TL 8.5 billion in November 2017

Central government budget revenues were calculated as TL 65.2 billion and expenditures as TL 56.7 billion in November 2017. The budget deficit stood at TL 8.5 billion in November and TL 26.5 billion in January-November. More...

Turkey’s President Erdoğan says high interest rate is the reason for inflation
By Editor On Tuesday, December 12th, 2017
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Turkey’s President Erdoğan says high interest rate is the reason for inflation

President Erdoğan made a speech at the Presidential Palace in Ankara on December 11th, delivering important messages. Erdoğan also talked about economy and exchange rates as well as inflation issue. He said: More...

Head of Turkish Economy says it is important Turkey is growing via industrialization
By Editor On Monday, December 11th, 2017
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Head of Turkish Economy says it is important Turkey is growing via industrialization

Deputy Prime Minister SİMSEK has stated that Turkey is growing via industrialization and expressed that it is very important. He said “The only negative side in growth data is the decline in contribution More...

By Editor On Saturday, December 9th, 2017
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Istanbul Stock Exchange (BIST 100) closes at 107,921.34 with a gain of 4.21 percent

In the period 4-9 December 2017, BIST Financial Index increased by 5.76 percent to 127.913,21, Industrial Index with 3.43 percent to 120.138.62 pounds, Services Index increased by 2.73 percent to 77.538.94 and More...

Turkey’s Inflation exceeds expectations in November 2017
By Editor On Thursday, December 7th, 2017
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Turkey’s Inflation exceeds expectations in November 2017

TÜFE (consumer price index) which was expected to increase by 1.2 percent per month, in November went up by 1.49 percent. Annual inflation reached 12.98 percent. In monthly surveys increase in TÜFE expectancies More...

Turkey’s exports increase by 14.2 percent in November 2017
By Editor On Thursday, December 7th, 2017
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Turkey’s exports increase by 14.2 percent in November 2017

According to Turkish Exporters Assembly (TEA – TIM in Turkish), exports in November increased by 14.2 percent compared to the same month of the previous year and reached USD 13 billion 629 million. November More...

By Editor On Saturday, December 2nd, 2017
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Turkey’s Economy Minister Zeybekci says there is nothing to worry about

Commenting on the latest developments in foreign exchange rates, Minister Zeybekci said, “They are playing with the currencies and this is going to pass. We have always said this has to do with speculations More...

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