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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...
Business

IMF slashes growth forecasts for Turkey, calling for measures to shield economy

The International Monetary Fund (IMF) slashed its growth outlook for Turkey and called for a sweeping mix of measures to shield the economy after...
Business

Erdoğan says Turkey will never seek assistance from IMF

President Recep Tayyip Erdoğan said on Sunday Turkey was not facing any worrying economic problems and would not seek assistance from the International Monetary...
Business

Dutch bank forecasts Turkish economy will shrink 3 percent in 2019

Turkey will face a severe economic crisis in 2019 that will result in a contraction of the economy by 3 percent and further the...
Diplomacy

Merkel says Turkey has no urgent need for financial aid

German Chancellor Angela Merkel told her Christian Democrats (CDU) at a meeting that she saw no urgent need to offer financial aid for Turkey...
Business

Finance Minister Albayrak seeks to reassure global investors amid currency crisis

-- No plans to go to IMF, focus on foreign direct investment -- Government to see certain expenditure cuts -- No non-market measures or capital controls --...
Business

IMF: No indication Turkey considering IMF financial assistance

An International Monetary Fund (IMF) spokesperson said on Wednesday that there was no indication that Turkish authorities are considering asking for financial assistance from...
Business

IMF lowers Turkey’s growth forecast to 4.2 percent

The International Monetary Fund (IMF) has cut Turkey’s growth forecast by 0.2 percent to 4.2 percent amid concerns about inflation and imbalances and as...
Opinion and Analysis

[OPINION] How Erdoğan family controls finance and economy in Turkey (2)

By Abdullah Bozkurt The keystone in the massive dragnet set up by the corrupt president, Recep Tayyip Erdoğan, to rob the nation’s wealth is Prime...
Headline

Erdoğan calls on Turkish businessmen not to delay their domestic investments

President Recep Tayyip Erdoğan has called on Turkish businessmen not to delay their investments in the country at a time when Turkey is trusted...
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