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Turkey’s Automotive Market Grows 4.5% in January-October

Turkey’s Automotive Market Grows 4.5% in January-October

According to an industry group report revealed the previous week, sales of passenger cars and light commercial vehicles in Turkey…

Turkish Startups Raised All-Time Record in Q3

Turkish Startups Raised All-Time Record in Q3

According to data announced during the Turkish Startup Ecosystem Q3 2021 last month, Turkish startups have raised $150 million (TL…

Turkish Central Bank Cuts Benchmark Rate to 15%

Turkish Central Bank Cuts Benchmark Rate to 15%

The Turkish Central Bank cut its benchmark one-week repo rate by 100 basis points from 16% to 15%. Acting accordingly…

IMF and EBRD Revise GDP Growth Forecast for Turkey up to 9% for 2021

IMF and EBRD Revise GDP Growth Forecast for Turkey up to 9% for 2021

IMF (​The International Monetary Fund) has revised its GDP forecasts for countries in its latest World Economic Outlook October 2021…

Turkish Central Bank in Works to Release Digital Currency

Turkish Central Bank in Works to Release Digital Currency

According to the statement released by the Central Bank of the Republic of Turkey (CBRT), the bank signed an agreement…

Turkey Releases 2022-2024 Medium-Term Program

Turkey Releases 2022-2024 Medium-Term Program

According to Turkey’s Medium-Term Program (MTP) for 2022-2024 released by the government, Turkish economy is projected to expand 9% this…

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