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Tuesday, September 13 2011 , Your time is 15:58:00
The impact on the state budget of recent measures to boost Turkey’s economy will only be minimal and will gradually decrease, Finance Minister Naci Ağbal has said.
Recent developments indicate the resilience of the Turkish economy and supportive fiscal and macro-prudential policies have mitigated the downside risks on economic activity, Central Bank Governor Murat Çetinkaya said April 20.
Turkey’s top bosses have called for the restoration of national unity and the realization of key structural reforms in the post-referendum process
The pace of growth and development in the Turkish economy and its foreign trade implications over the last decade, coupled with the deepening interconnectedness of markets across the globe and the interdependence of national economies
Ankara’s relations with the European Union will be an area of “common interest” in the post-referendum era, Deputy Prime Minister Mehmet Şimşek has said, adding that the “noise” between Ankara and Europe should die down after the European elections cycle
The eurozone economy grew at its fastest pace in six years in April on the back of strong demand and “widespread optimism” about the outlook, a closely watched survey showed April 21.
Turkish President Recep Tayyip Erdoğan has made it very clear that there are no plans to dissolve parliament and call for early elections before the 2019 polls, Deputy Prime Minister Mehmet Şimşek told Reuters in an interview on April 17
The International Monetary Fund will be “mistaken again” in its growth forecasts for Turkey, a top Turkish official has stated, after the IMF recently revised down its growth outlook for the country due to political uncertainty, security concerns and the loss in the lira’s value.
Close to a quarter of Turkey’s youth did not have a job in January, according to data from the Turkish Statistics Institute (TÜİK) that was released on April 17
The Turkish Lira strengthened early on April 17 after Turkey approved the presidential system in a tight referendum, with investors hoping the outcome would bring much-needed stability
The 20th Eurasian Economic Summit, which was held in Istanbul between April 4 and 6, has made a “call for humanity” in a final declaration it released over the weekend
The Turkish government ran a budget deficit of 19.5 billion Turkish Liras ($5.32 billion) in March and 14.9 billion liras ($3.7 billion) in the first quarter, mainly due to temporary measures and tax cuts to boost the economy, Finance Minister Naci Ağbal stated on April 17
Economic issues will be a top priority after Turkey’s referendum on April 16, Finance Minister Naci Ağbal has said, adding that new measures to give a further boost to the Turkish economy would be discussed.