Treasury and Finance Minister Nureddin Nebati said the government would continue to pursue policies that prioritize economic growth and jobs in 2023, a year he said would see a further drop in inflation and an increase in household income. …
Turkish inflation slowed for the first time in over a year and a half, though measures to revive the economy ahead of elections in 2023 may keep it elevated for some time. Consumer prices rose an annual 84.4% in November, down …
A large delegation led by Saudi Arabia’s investment minister is expected to arrive in Türkiye next month
Turkey is seeking more cooperation with Saudi Arabia and other countries as it plans to be an energy hub to Europe, its finance minister Nureddin Nebati said. “Turkey from its geographical position is an energy corridor from …
Turkey’s finance minister Nureddin Nebati insisted that economic ties between Russia and Turkey are “legal”. The minister defended Ankara’s economic ties with Russia as “good neighborly …
Turkey’s finance minister Nureddin Nebati said Ankara is pushing hard for a discount on the huge amount of gas it buys from Russia. According to the minister, Turkey is also asking Russia’s Gazprom for an option to …
Ankara can purchase and transport Russian oil without the need for Western financing or insurance, Treasury and Finance Minister Nureddin Nebati said. When asked whether Turkish buyers would comply with the requirements of the G7 …
Minister of Treasury and Finance of Turkey Nureddin Nebati assured that Russian tourists will be able to use bank cards of the Mir payment system during their holidays in the republic. According to him, despite the current restrictions …
Turkey kept interest rates unchanged for a fourth straight month despite a surge in inflation past 60%, putting more onus on the central bank’s unconventional policies to tether the lira
Public outrage is growing in Turkey over the cost of a government scheme to curb dollarization and prop up the Turkish lira, launched hastily in December to stop the dizzying slump of the currency, now that payments have begun to depositors …
The United Kingdom has agreed its biggest-ever civil infrastructure export finance deal to underwrite a high-speed rail line between the Turkish capital Ankara and a major port in the western province of Izmir
Turkey will expand its drive to lure savers back to the lira next week with a scheme aimed at bringing billions of dollars worth of “under the mattress” gold into the banking system, the country’s finance minister told investors during a visit to London
Turkish President Recep Tayyip Erdogan appointed a new treasury and finance minister early Thursday after Lutfi Elvan stepped down from the post as the currency has been tumbling to record lows. Erdogan named Nureddin Nebati, who was …
