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Turkey’s state banks to inject $4.9 bln to support exporters: minister

Turkey’s state banks will provide a 30 billion lira ($4.9 billion) financing package to help bail out exporting sectors such as manufacturing that were...

Turkish economy will prosper with employment increase, sharp drop in inflation: minister

Turkey’s economy will prosper since employment levels are expected increase, accompanied by a sharp drop in inflation, Treasury and Finance Minister Berat Albayrak said...

Turkey’s finance minister fails convince global investors: report

Turkish Finance Minister Berat Albayrak offered little convincing detail of his economic turnaround plan and failed to enthuse investors at a private meeting in Washington on...

Turkish court drops case against journalist who reported on Paradise Papers

A Turkish court on Thursday dropped a case against journalist Pelin Ünker for allegedly defaming Turkey’s Finance Minister Berat Albayrak and his brother Serhat Albayrak in...

Finance minister says man detained for claiming Turkish Airlines is going bankrupt

Turkish Finance and Treasury Minister Berat Albayrak, who is also the son-in-law of President Recep Tayyip ErdoÄŸan, said on Tuesday that a man who...

İstanbul municipality made large fund transfers to foundations run by Erdoğan’s family members

The İstanbul Metropolitan Municipality transferred an exorbitant amount of money to foundations run by President Recep Tayyip Erdoğan’s family members, according to a report...

Soylu slams Cumhuriyet daily over report suggesting schism inside ruling AKP

Turkish Interior Minister Süleyman Soylu has criticized the Cumhuriyet daily for a news story arguing that three factions are competing inside the ruling Justice...

Turkish inflation hits 25.2 percent in October, highest in 15 years

Annual inflation in Turkey surged to 25.2 percent in October, hitting its highest in 15 years and underscoring the impact on the wider economy...

CHP deputy claims Turkey will sign IMF deal after local elections in March

Main opposition Republican People’s Party (CHP) İstanbul deputy Mehmet Bekaroğlu on Thursday said President Recep Tayyip Erdoğan’s government would sign a deal with International...

Turkish gov’t removes deputy head of TurkStat after inflation announced at 24.52 pct

Enver Taştı, deputy president of the Turkish Statistics Institute (TurkStat), was removed the same day TurkStat announced that annual inflation in Turkey had hit...

Turkey to work with American management consulting firm for economic recovery

Treasury and Finance Minister Berat Albayrak on Thursday said Turkey would work with American management consulting firm McKinsey & Company as part of the...

Minister Albayrak’s ‘thesis writer’ elected BIST board chairman

Professor Erişah Arıcan, who allegedly wrote the Ph.D. thesis of President Recep Tayyip Erdoğan’s son-in-law and Treasury and Finance Minister Berat Albayrak, was elected...

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