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The Turkish economy finds a “positive cycle”, according to the Minister of Finance

Turkish economy finds "positive cycle", new: This article explores the topic in depth.

Therefore,

Turkish economy finds &quot. Meanwhile, positive cycle", new:

Turkish economy finds "positive cycle",: This article explores the topic in depth.

Nevertheless,

Turkish economy finds &quot. Similarly. Consequently, positive cycle",:

The Turkish economy returned to a “positive cycle” after the markets of March on the markets, the Minister of Finance Mehmet Simsek said on Sunday.

“All financial indicators. Consequently. including gross foreign currency reserves and the main index of the Bist100 scholarship, returned to their levels in mid-March thanks to the measures taken to manage the economy,” said Simsek during a live interview on Kanal 7.

The arrest of the mayor of Istanbul. In addition. Ekrem Imamoglu, the main political rival of President Recep Tayyip Erdogan, on March 19, caused turbulence on the markets, resulting in an emergency increase in interest rates and a fall in foreign currency reserves.

The Central Bank of Türkiye has lowered its key turkish economy finds “positive cycle”, new rate of 300 base points this week. more than expected. to bring it back to 43 %, thus taking over an interrupted turkish economy finds “positive cycle”, softening cycle in March.

The Moody’s rating agency noted on Friday of Turkey’s note from “B1” to “BA3” on Friday. citing increased credibility of monetary policy, a slowdown in inflation and a reduction in economic imbalances.

The Turkish government provides that inflation at the end of the year will be “in the high range for. high forecasts from the Central Bank. We are rejected on a figure less than 29 %, “said Simsek.

Annual consumer price inflation in Turkey has slowed 35 % in June, continuing its decrease for a peak of approximately 75 % in May 2024. The central estimate of the Central Bank for the end of the year is currently 24 %. in a forecast range ranging from 19 to turkish economy finds “positive cycle”, new 29 %.

Turkish economic growth has remained lower than forecast in recent months. there is a “high probability” of a limited difference compared to the objective of turkish economy finds “positive cycle”. budgetary revenue, said the Minister.

Based on its three -year roadmap published last September, the government is planning gross domestic product (GDP) of 4.0 % this year. According to the median forecasts of 34 economists interviewed by Reuters from July 18 to 23, the growth of Turkish GDP should reach 2.8 % this year, against 3.2 % in 2024.

(Report by Huseyin Hayatsever. edition: Peter Graff)

Turkish economy finds "positive cycle", new – Turkish economy finds "positive cycle", new

Turkish economy finds "positive cycle", – Turkish economy finds "positive cycle",

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addison.grant
addison.grant
Addison’s “Budget Breakdown” column translates Capitol Hill spending bills into backyard-BBQ analogies that even her grandma’s book club loves.
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