Economy
Economy category that groups up-to-date and relevant content under a clear thematic scope for easier discovery and consistent editorial organization.
Non-Bank Financial Sector Reaches 3.8 Trillion Lira Transaction Volume in 2025
According to Financial Institutions Association (FKB) data, the non-bank financial sector reached a transaction volume of 3.878 trillion liras in 2025, with its share of GDP rising to 6.5%.
Non-Bank Finance Sector Reaches 3.8 Trillion Lira Volume in 2025: Record Growth in Savings Finance
According to Financial Institutions Association (FKB) data, the non-bank finance sector reached a transaction volume of 3.878 trillion lira in 2025, with the savings finance sector leading with a record 261.8% growth.
E-Commerce Volume Increased by 20 Percent During Ramadan: Instant Soup and Meat Products Most Preferred
According to data from last year's Ramadan period, e-commerce transaction volume rose by 20 percent, with instant soup, red meat, and dates emerging as the most sought-after products.
Minister Şimşek: No Increase in Basic Tax Rates on the Agenda
Treasury and Finance Minister Mehmet Şimşek announced that there are no plans to increase VAT, Income, or Corporate Tax rates, while highlighting progress in the disinflation process and economic targets.
Turkey and Saudi Arabia Sign 2,000 Megawatt Solar Energy Agreement
Electricity Generation Inc. (EÜAŞ) and Saudi-based ACWA Power have signed a power purchase agreement for 2,000-megawatt solar power plants to be established in Sivas and Karaman.
European Stock Markets Trend Upward: German and UK Data Exceed Expectations
European markets are ending the week on a high note, supported by Germany's growth projections and strong retail sales data from the United Kingdom.
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.