Economy
SGK expert calculates salary and pension increases for January 2027
Özgür Erdursun, an expert from Turkey's Social Security Institution (SGK), has forecasted salary and pension hikes for January…
Category: Economy
Economy
Turkey’s Finance Minister confirms completion of 17 fund liquidations and investor payouts
Turkish Finance Minister Mehmet Şimşek has announced the successful liquidation of 17 specific funds, with payouts reaching all…
Economy
Istanbul hosts major trade summit with global business leaders and ministers
Istanbul is hosting the ACE BPSC 2026 summit, a landmark event aimed at positioning Turkey as a pivotal…
Economy
Turkish bank deposits fell by over 216 billion lira at the start of October
The Turkish banking sector experienced a significant contraction in total deposits during the first week of October, with…
Economy
Goldman Sachs: Too Early for Interest Rate Cuts from Turkey’s Central Bank in October
Goldman Sachs economists advise that the Central Bank of the Republic of Turkey (TCMB) is unlikely to initiate…
Economy
Fed Governor Waller delivers key message on interest rates at Istanbul forum
US Federal Reserve Governor Christopher Waller recently visited the Istanbul Economic Forum, where he underscored the necessity of…
Economy
Turkey Commences Fund Crisis Payouts, Lira Stable Against Dollar and Euro
The Turkish government has begun issuing the first set of payouts to 43,643 individuals affected by an ongoing…
Economy
Turkey’s Treasury reports significant deficit in September
The Turkish Treasury recorded a cash deficit of 467.2 billion Turkish Lira in September, highlighting growing fiscal pressure…
Economy
Turkey’s Vice President confirms payouts to 43,643 fund investors
Turkish Vice President Cevdet Yılmaz has announced that payouts for 43,643 investors affected by a fund crisis will…
Economy
Turkish footwear industry calls for crisis relief package following sharp decline in exports and employment
Berke İçten, President of the Turkish Footwear Industry Association (TASD), has unveiled a four-point proposal to rescue the…