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Economy
Economy category that groups up-to-date and relevant content under a clear thematic scope for easier discovery and consistent editorial organization.
İbrahim Kahveci Criticizes Yeni Şafak’s Economic Proposal: "They Are Looking for a Scapegoat"
Economist İbrahim Kahveci has slammed a six-point economic reform package proposed by the Yeni Şafak newspaper, claiming the suggestions aim to undermine current Finance Minister Mehmet Şimşek and repeat past failures.
Minister Şimşek: Speculations Regarding Economic Program No Longer Find Resonance
Treasury and Finance Minister Mehmet Şimşek emphasized the determined implementation of the economic program, highlighting the disinflation process, improvements in external balance, and rising international investor interest.
Russia's Non-Energy Exports Reach $157 Billion
Russian Deputy Minister of Industry and Trade Roman Chekusov announced that non-energy export revenues exceeded targets to reach $157 billion in 2025, signaling growth across the sector.
UK Retail Sales Surpass Expectations in January: 1.8% Increase
Retail sales volume in the UK rose by 1.8% in January, significantly exceeding the market expectation of 0.2% and signaling an economic recovery.
Agricultural Input Price Index Rises 33.15% Annually in December
According to TurkStat data, the Agricultural Input Price Index (Agricultural-IPI) recorded an annual increase of 33.15% and a monthly increase of 1.30% in December 2025.
Local Development Initiative 2026 Applications Begin: 301 Million TL Investment Support for 81 Provinces
Minister of Industry and Technology Mehmet Fatih Kacır announced that applications for the 2026 Local Development Initiative Program will open on March 2, offering up to 301 million TL in cash support and tax incentives for investments across Turkey's 81 provinces.
Minister Şimşek: Speculations Regarding Economic Management Have Dropped from the Agenda
Treasury and Finance Minister Mehmet Şimşek stated that debates over economic management have ended, with investors now focusing on the disinflation process and macroeconomic balances.
Financial Institutions Association Announces 2025 Data: Transaction Volume Reaches 3.8 Trillion TL
The Financial Institutions Association (FKB) reported that the non-banking financial sector's transaction volume reached 3.878 trillion TL in 2025, with its share of the economy rising to 6.5%.
Enerjisa Enerji Sets Record with 10 Billion TL Bond Issuance
Enerjisa Enerji has completed a 10 billion TL bond issuance with a 7-year maturity, marking the largest and longest-term debt instrument ever issued in the Turkish real sector.
Minister Şimşek: Foreign Investor Interest at Highest Level Since 2013
Treasury and Finance Minister Mehmet Şimşek stated that international interest in Turkey's economic program has surged, driven by low public debt levels and a firm commitment to the disinflation process.
Yapı Kredi Announces Responsible Artificial Intelligence Principles
Yapı Kredi has shared its "Responsible AI Principles," establishing a corporate framework for the ethical, safe, and human-centric use of artificial intelligence technologies.
Turkish Gaming Startup Loom Games Acquired by Scopely at $1 Billion Valuation
US-based gaming giant Scopely has acquired a majority stake in Turkish startup Loom Games at a valuation exceeding $1 billion, marking the company as Turkey's newest 'Turcorn'.