Turkey's central government's gross debt stock became 1.33 trillion Turkish liras (around $223 billion) as of end-2019, according to Treasury and Finance Ministry on Jan. 20.
The International Monetary Fund (IMF) has downgraded its growth forecasts for 2019-2021, primarily reflecting negative surprises to economic activity in a few emerging markets.
Turkey is expected to post an economic growth figure for the past year, Treasury and Finance Minister Berat Albayrak says
A businessman in the western province of Çanakkale has installed a solar power plant on the roof of a factory and started selling electricity worth 100,000 Turkish Liras (nearly $17,000) to the state monthly.
Local growers shipped 4,000 tons of tea to 110 countries last year to generate $15.3 million in export revenues, Anadolu Agency has reported, citing data from the Eastern Black Sea Exporters’ Association (DKİB).
The sales process of Doğa Koleji, a well-known private school with campuses all across the country which had been grappling with financial troubles, has finally been completed after months-long protests by teachers against the management.
Turkey supported Turkish exporters with 3.2 billion Turkish Liras ($543.2 million) in 2019, breaking the record in the history of the Republic, the country’s trade minister has said.
Turkish start-ups, which received $93 million investments last year, draw the attention of foreign investors.
One of Istanbul's two airports now has special sleeping pods on offer for the weary traveler.