Turkey Unveils 2025 Economic Roadmap Prioritizing Fiscal Discipline and Structural Reforms
Turkey's Treasury and Finance Minister Mehmet Simsek announced the 2025 economic roadmap focusing on fiscal discipline and structural reforms to curb inflation, aiming for sustainable high growth and fairer income distribution; he capped fuel excise tax increases at 6 percent, foregoing billion in r...
Turkey Unveils 2025 Economic Roadmap Prioritizing Fiscal Discipline and Structural Reforms
Turkey's Treasury and Finance Minister Mehmet Simsek announced the 2025 economic roadmap focusing on fiscal discipline and structural reforms to curb inflation, aiming for sustainable high growth and fairer income distribution; he capped fuel excise tax increases at 6 percent, foregoing billion in r...
Progress
48% Bias Score
Turkey Announces Record 2024 Export Figures Amidst Global Uncertainty
Turkey announced record-high export figures for December 2024, reaching $23.5 billion (a 2.2% increase) and $262.5 billion for the year (a 2.5% increase), despite global economic uncertainties and geopolitical instability; the government projects 4% growth for 2025.
Turkey Announces Record 2024 Export Figures Amidst Global Uncertainty
Turkey announced record-high export figures for December 2024, reaching $23.5 billion (a 2.2% increase) and $262.5 billion for the year (a 2.5% increase), despite global economic uncertainties and geopolitical instability; the government projects 4% growth for 2025.
Progress
52% Bias Score
Turkey's 2024 Food and Beverage Scene: Boom and Bottlenecks
In 2024, Turkey experienced a boom in often-superficial gastronomy events, alongside significant Turkish investments in European wine and spirits production, highlighting both the industry's global potential and its challenges under restrictive domestic laws.
Turkey's 2024 Food and Beverage Scene: Boom and Bottlenecks
In 2024, Turkey experienced a boom in often-superficial gastronomy events, alongside significant Turkish investments in European wine and spirits production, highlighting both the industry's global potential and its challenges under restrictive domestic laws.
Progress
52% Bias Score
Turkish Economy Forecast: Slow Growth, High Inflation Predicted for 2025
Experts at an Istanbul Bilgi University panel predicted slower but stable growth for the Turkish economy in 2025, citing global uncertainty, particularly US-China tensions and Turkey's unique monetary policy as key factors; inflation is projected around 35 percent, and the Turkish lira is expected t...
Turkish Economy Forecast: Slow Growth, High Inflation Predicted for 2025
Experts at an Istanbul Bilgi University panel predicted slower but stable growth for the Turkish economy in 2025, citing global uncertainty, particularly US-China tensions and Turkey's unique monetary policy as key factors; inflation is projected around 35 percent, and the Turkish lira is expected t...
Progress
40% Bias Score
TÜSİAD Critiques Turkey's Inflation Target, Urges Structural Reforms
TÜSİAD head Orhan Turan voiced concerns about Turkey's 21% inflation target for 2024, citing the need for structural reforms alongside monetary and fiscal policies to counter high inflation and economic challenges faced in 2024, with further risks projected for 2025 due to global uncertainty and the...
TÜSİAD Critiques Turkey's Inflation Target, Urges Structural Reforms
TÜSİAD head Orhan Turan voiced concerns about Turkey's 21% inflation target for 2024, citing the need for structural reforms alongside monetary and fiscal policies to counter high inflation and economic challenges faced in 2024, with further risks projected for 2025 due to global uncertainty and the...
Progress
40% Bias Score
Turkey's 2024 Economic Challenges: High Inflation and Policy Failures
In 2024, Turkey's economy faced significant challenges due to a post-election shift in economic policies. Despite promises of rational policies, inflation control fell mainly on the Central Bank, leading to high interest rates and limited fiscal policy reforms. High interest rates proved unsustainab...
Turkey's 2024 Economic Challenges: High Inflation and Policy Failures
In 2024, Turkey's economy faced significant challenges due to a post-election shift in economic policies. Despite promises of rational policies, inflation control fell mainly on the Central Bank, leading to high interest rates and limited fiscal policy reforms. High interest rates proved unsustainab...
Progress
48% Bias Score
Turkey's 2023 Average Income: 26,402 TRY Per Capita
TÜİK reported that the average monthly gross income per capita in Turkey was 26,402 TRY in 2023, while the average monthly gross wage was 23,789 TRY; men earned more than women across all categories, and income increased with education level.
Turkey's 2023 Average Income: 26,402 TRY Per Capita
TÜİK reported that the average monthly gross income per capita in Turkey was 26,402 TRY in 2023, while the average monthly gross wage was 23,789 TRY; men earned more than women across all categories, and income increased with education level.
Progress
28% Bias Score
Türkiye's Economic Challenges: TÜRKONFED Summit Highlights Instability and Need for Reform
TÜRKONFED's 20th-anniversary summit in Diyarbakır on October 27th, 2023, addressed Türkiye's macroeconomic instability, focusing on SMEs' financial constraints, the need for predictable governance, and the importance of boosting production to curb inflation.
Türkiye's Economic Challenges: TÜRKONFED Summit Highlights Instability and Need for Reform
TÜRKONFED's 20th-anniversary summit in Diyarbakır on October 27th, 2023, addressed Türkiye's macroeconomic instability, focusing on SMEs' financial constraints, the need for predictable governance, and the importance of boosting production to curb inflation.
Progress
32% Bias Score