Sub Categories:/» Homepage/» ECONOMY/» ECONOMICS
Tuesday, September 13 2011 , Your time is 15:58:00
Over 407,000 new jobs were created between Jan. 1 and March 27 in Turkey, a top official has said, adding that around 1 million new jobs were expected to be offered by June
ANKARA – Anadolu Agency
Turkey has been implementing a liberal foreign trade policy in full accordance with rules of the World Trade Organization (WTO) as opposed to some reports in the media about Russian goods, according to Ministry of Economy on March 17.
Turkey’s unemployment rate hit 12.7 percent in December 2016, the highest since March 2010, while youth unemployment stood at 24 percent, official data from the Turkish Statistics Institute (TÜİK) showed on March 15
U.S. President Donald Trump’s budget proposal has triggered a stiff debate both in the country and in the global arena, as the Pentagon is set to become a major winner while the State Department and federal programs are in line for steep reductions.
Deputy Prime Minister Nurettin Canikli has said he expects Turkey to grow more than 4 percent this year, after 3 percent last year, while the inflation rate will close the year at around 7.5 percent.
The Central Bank has taken another tightening step, hiking the cost of funds from its ‘late liquidity window’ while leaving conventional policy rates on hold to ease the inflation rate
International rating agency Fitch said it expected a modest economic recovery for Turkey in 2017, noting that political and security developments were likely to determine the pace of any revival in consumption and investment.
WASHINGTON - Reuters
The U.S. Federal Reserve raised interest rates on Wednesday for the second time in three months, a move spurred by steady economic growth, strong job gains and confidence that inflation is rising to the central bank's target.
LONDON - Anadolu Agency
Turkish banks remain well-capitalized, while the country’s tourism sector is expected to get a boost following reconciliation with Russia, Iraq and the northern Iraqi Kurdish Regional Government, Moody’s said on March 6
Turkey’s red meat association has ordered a consignment of prize Dutch cattle to be sent back to the Netherlands, saying it no longer wants to farm the cows due to the diplomatic crisis between the countries.
The number of Turkish companies operating in Serbia more than tripled in the last two years thanks to the efforts of business groups in both countries, a trade official has said
Turkey’s budget showed a deficit of 6.8 billion Turkish Liras ($1.82 billion) in February due to a rise in expenses, Finance Minister Naci Ağbal has said, adding that budget developments were in line with targets
Turkey aims to increase annual trade volume with Hungary to $5 billion, Science, Industry and Technology Minister Faruk Özlü has said