Tuesday, September 13 2011 , Your time is 15:58:00
Turkey has not seen economic progress over the last six years because it has not made any significant reforms, Union of Chambers and Commodity Exchanges of Turkey (TOBB) head Rifat Hisarcıklıoğlu says.
Turkey will grow 3 percent this year, the OECD says in its latest Economic Outlook, confirming its growth forecast for the country 3.2 percent in 2015 and 4 percent in 2016.
BELGRADE - Agence France-Presse
The International Monetary Fund said Nov. 20 it had approved a new stand-by loan for Serbia worth around one billion euros ($1.25 billion) to help it achieve economic reforms.
Despite an increase in Turkey’s economy, the International Monetary Fund (IMF) has warned Turkey to undergo structural reforms.
The Turkish Central Bank kept interest rates on hold Nov. 20 and said it would keep monetary policy tight until the inflation outlook improves significantly.
MOSCOW - Agence France-Presse
Russia is set to lose around $40 billion (32 billiUon euros) per year due to Western sanctions over the Ukraine conflict, Finance Minister Anton Siluanov said Monday.
Boğaziçi University Professor Emine Nur Günay has been appointed as PM Davutoğlu’s chief economy adviser
The Turkish economy is facing a slow death, but this can be prevented by a new economic model, main opposition Republican People’s Party Deputy Chair Sayek Böke tells the Hürriyet Daily News
BAGHDAD - Agence France Presse
The Iraqi government transferred $500 million to the autonomous Kurdish region on Nov. 19 as part of a deal aimed at ending long-running oil and budget disputes, the finance minister said.
Turkish private sector’s loans have been rising and the composition of these loans shows that most credit is used by the construction and real estate sector
Turkey attracted a mere $160 million in foreign direct investments (FDI) from the U.S. in the first nine months of 2014, the president of TOBB has said
French economist and author Thomas Piketty’s blockbuster book launch in Turkey has witnessed a mini-crisis due to language issues.
Turkey’s unemployment rate increased to double-digit figures in August for the first time since February
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