Tag: Economy

Istanbul grocery costs have become a sharp sign of Turkey’s inflation challenge. A recent online basket comparison found that basic food items in Istanbul can cost more than similar goods ...

Turkey’s energy imports leave a clear mark on the current account. When oil and gas are expensive, the gap widens; when prices ease, tourism and services help narrow it. This ...

Turkey’s 2026-2028 Medium-Term Economic Programme: Stability or Balancing Act? Turkey has announced its new medium-term economic programme, laying out plans for 2026 to 2028. The roadmap comes at a time ...

Central Bank Reserves Jump by $10B Turkey’s central bank reported a significant $10 billion increase in its total reserves for the week ending July 4. Total holdings reached $164.4 billion, ...

Turkey’s Permanent Representative to the European Union, Ambassador Faruk Kaymakci, has called for significant progress in Turkey-EU relations, emphasizing the need for immediate and meaningful steps in 2025. In a ...

(This article was written in English. Your browser might be translating it into your langauge. To read the original version, please select English.) Turkey’s Role in China’s Belt and Road ...

The recent depreciation of the Turkish lira has captured both local and global attention, raising questions about Turkey’s handling of its economic challenges. With inflation surging and purchasing power diminishing, ...

Exploring Turkey’s Diplomatic and Strategic Influence in the Middle East Turkey's role in the Middle East has grown in complexity over the past two decades, positioning itself as a crucial ...

A Shift in the Winds of Trade Envision a busy port on Turkey's Mediterranean coast, where cargo ships load goods bound for European markets. For years, this scene has symbolized ...

The International Monetary Fund (IMF) forecasts a significant decrease in Turkey's inflation rate. Expecting it to drop to around 24% by 2024. This prediction highlights the positive effects of the ...