As 2024 draws to a close, let us take a moment to reflect on the economic events that have shaped the year. 2024 has been marked by significant developments for Türkiye, further solidifying its position as a ...
As 2024 draws to a close, economic forecasts indicate stable growth for Turkey, with an average growth rate estimated at 2.98% for 2024, although projections range from 2.70% to ...
Since last year, Türkiye has embarked on a notable transformation of its economic and strategic policy, implementing monetary measures to combat inflation. During recent IMF and World Bank meetings..
The September return was particularly dynamic in the Turkish economic landscape. Türkiye's economy showed notable growth of 2.5% in Q2 2024, driven by sectors such as construction (+6.5%), agriculture (+3.7%)..
On the eve of the summer season, July was marked by a series of significant foreign investments in Türkiye. Notably, this month saw the strategic decision of the world leader in electric vehicles, BYD, to build..
Türkiye's economic and commercial news has been marked by several significant developments which reflect the challenges and opportunities facing the country. On the one hand, Türkiye continues to navigate..
Investor confidence, both domestic and international, has improved thanks to a return to more orthodox policies and an improvement in Türkiye's sovereign rating. Indeed, at the beginning of May, Standard & Poor's..
The result of the municipal elections, held on March 31, gave a first victory to the CHP (social-democratic party, Kemalist left), the main opposition force to the ruling AK Party (justice party). and Development..
The Turkish central bank once again raised its main key rate by 5 points, to 50%, a decision justified by inflation at 67.1% over one year in February, beyond estimates. The central bank had raised its key rate from..
The 2023 Turkish growth figures were published by the Turkish Statistics Institute (TUIK). Turkey recorded an economic performance of 4.5% last year. GDP soared by 75% to 26,276 billion TL and GDP/cap..
The year 2023 ends with a rather recessionary economic tone on a global scale, not sparing Turkey. However, it has gained two places in the world economic ranking according to the IMF (International M..
