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Interest rates will be lowered further, Turkey’s finance minister says

Turkey will see a downward trend in interest rates in the coming days, the country's finance and treasury minister said on Tuesday, according to the Hürriyet...

Inflation to drop to single digits, interest rates to be decreased: Albayrak

Treasury and Finance Minister Berat Albayrak on Thursday claimed that Turkey’s inflation would drop to single digits in three months’ time and that interest rates would...

Turkish finance minister claims ‘constructive conversation’ with Trump on S-400s

Turkish Finance Minister Berat Albayrak spoke with US President Donald Trump on Monday and said Trump “listened in a very reasonable way” regarding Turkey’s planned purchase...

Albayrak unveils reform plan: boost banks’ capital, adjust taxes

Turkish Finance Minister Berat Albayrak said on Wednesday the government would boost banks’ capital and valuable exports and adjust taxes as part of a reform plan...

Turkey’s economy contracts more than 3 pct, showing signs of recession

The Turkish economy contracted a sharper than expected 3.0 percent in the fourth quarter of 2018, its worst performance in nearly a decade and...

Turkey bars European journalists from summit with EU

A number of European journalists were shut out of a meeting on Thursday between Turkish and EU officials, the Diken news website reported. The journalists...

Turkey to act on e-commerce orders avoiding tax: finance minister

Turkey will take steps against international digital commerce packages that avoid taxes, Finance Minister Berat Albayrak said on Wednesday, in a move to support...

Interest rates will drop in course of economic recovery says Turkey’s finance minister

Turkish Treasury and Finance Minister Berat Albayrak on Friday said interest rates should be decreased and that they would drop with an economic recovery...

Turkish municipalities to start selling produce to curb high inflation: minister

Municipalities in metropolitan cities will start selling fruits and vegetables to curb rising inflation in food prices, Turkish Treasury and Finance Minister Berat Albayrak...

Ankara sees no recession, negative growth ahead: finance minister

Turkey’s economic growth has softened but government moves to cut taxes and accelerate the transfer of billions of lira to the Treasury mean Ankara...

Turkish central bank begins disbursing $6.3 billion profit to shareholders

Turkey’s central bank said on Friday it had begun disbursing dividends worth 33.7 billion Turkish lira ($6.30 billion) to shareholders after moving forward its...

Opposition deputy claims Erdoğan’s son may be appointed as İstanbul mayor

Özgür Özel, a deputy from the main opposition Republican People’s Party (CHP), has claimed that Turkish President Recep Tayyip Erdoğan’s son Bilal Erdoğan could...

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