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Topic

Turkey economy

Turkey expected to sell $2.5bn in 5-year sukuk

Turkey expected to sell $2.5bn in 5-year sukuk

Published 15 Jun, 2021 07:45pm
  • It set the yield for the Turkish sukuk at 5.125%, tightened from an initial price guidance of around 5.5%, the document from one of the banks on the deal showed.
Turkey to streamline monthly labour market data

Turkey to streamline monthly labour market data

Published 22 Feb, 2021 06:08pm
  • The agency will publish data for the first two months of the year at the same time in April, as well as comparable series, according to the new definitions and methodology.
  • The last published labour data showed Turkey's unemployment rate ticked up to 12.9% in the October-December period.
Turkey announces $18.5bn public investment programme for 2021

Turkey announces $18.5bn public investment programme for 2021

Published 16 Jan, 2021 07:12pm
  • $6 billion for public investments in the transportation and communication sectors in 2021, and another $2.6 billion for education projects.
  • Under the programme, Turkey's Transport and Infrastructure Ministry will receive some $2 billion.
Greece seeks to send 1,450 migrants back to Turkey

Greece seeks to send 1,450 migrants back to Turkey

Published 14 Jan, 2021 05:38pm
  • Migrant returns to Turkey, under a 2016 EU-Turkey agreement, largely dried up last year due to the coronavirus crisis.
  • We expect Turkey to step up its efforts ... First, to prevent the passage of boats departing from its shores bound for our country and European Union. And second to accept the return of migrants.
Erdogan says Turkey to target price stability, reforms

Erdogan says Turkey to target price stability, reforms

Published 11 Jan, 2021 09:58pm
  • Ankara had set a growth target of 0.5% in 2020. Erdogan has also pledged a series of judicial and economic reforms to draw in investments, aiming to alleviate Turkey's recent economic woes.
Turkey eyes 25mn foreign visitors in 2021, tourism officials say

Turkey eyes 25mn foreign visitors in 2021, tourism officials say

Published 05 Jan, 2021 05:15pm
  • Tourism industry sources say it will take at least two years for the number of arrivals to reach the levels before the pandemic.
  • The number of foreign visitors to Turkey in 2019 was 45.06 million; tourism revenues stood at $34.5 billion.
Turkey targets tax and price rises to lessen inflationary impact

Turkey targets tax and price rises to lessen inflationary impact

Published 05 Jan, 2021 04:59pm
  • Inflation ended 2020 above government forecasts at 14.6%, mainly due to a sharp decline in the lira and surging food prices.
  • Bankers said the government, in a departure from previous years, is hiking taxes and prices on items that account for only a small portion of the inflation basket.
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