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Tuesday, September 13 2011 , Your time is 15:58:00
Turkey attracted $765 million in foreign direct investment (FDI) in April 2017, the Economy Ministry said on June 22
ISTANBUL / PARIS
The Organization for Economic Cooperation and Development (OECD) has revised up its 2017 economic growth forecast for Turkey to 3.4 percent, up from 3.3 percent in its previous report, saying that the Turkish economy mostly recovered from severe shocks in 2016
NEW DELHI - Reuters
India’s gross domestic product data produced another shock on May 31 as economic growth unexpectedly slumped to its lowest in more than two years in the March quarter, stripping the country of its status as the world’s fastest growing major economy.
The World Bank has raised Turkey’s economic growth projections for the next three years as uncertainties ease, tourism recovers and corporate balance sheets mend under the less severe impacts of the July 2016 coup attempt than previously estimated, according to its Global Economic Prospects report published on June 5.
Turkey’s foreign trade deficit rose to 4.95 billion in April with a 16.7 percent year-on-year increase, official data showed on May 31
Turkey’s annual consumer price inflation stood at 11.72 percent in May, easing off from the 8-year high that it hit a month earlier at 11.87 percent, official data showed on June 5.
Turkey’s banking sector is resilient against interest and exchange rate risks and its equity is above the level required to cover possible trouble, the Central Bank stated in its latest financial stability report on May 30.
Turkey’s foreign trade deficit soared 49.5 percent in May due to a sharp increase in gold imports despite robust car exports, preliminary data from the Customs and Trade Ministry showed on June 2
The Turkish government has collected 21 billion Turkish Liras ($5.9 billion) in line with the latest debt and tax restructuring plan, a top official has said, adding that a fresh system would slash the need for another restructuring plan
British oil company BP expects to sign a contract at the end of June extending its production sharing deal for Azerbaijan’s biggest oilfields until 2050, the company’s regional head said on May 31
Fitch ratings agency has increased its national long-term rating on İzmir, the third largest province in Turkey on the Aegean coast, to its top grading “AAA” from the current “AA+” with a stable outlook.
Russian President Vladimir Putin has lifted restrictions on operations of Turkish companies in Russia and the ban on the employment of Turkish nationals in the Russian Federation, the TASS news agency has reported
A number of parts of buildings on the Galatasaray Islet in Istanbul’s Bosphorus were demolished early on May 28, after the rejection of an evacuation order by one of its tenants