Disclosures Made by Treasury and Finance Minister Mehmet Şimşek
Speeches Macro Indicators Development Plans & Goverment Programs
4/18/2024
Treasury Minister Şimşek: “The most significant challenge in the short run is high inflation; curbing it is our priority target. We want to see that inflation comes down to single digit figures until 2026. Inflation rate expectations of the market are around 36% for the next 12 months. We are decisive to make the Turkish economy carbon free”…
Special Interview to TEBA by ASKİ Deputy Director General Muhammed Ercan
Speeches Research Public Works Public Works
3/18/2024
“A strategy and action plan is prepared with IFC to minimize water loss & leakage. ASKİ Master Plan will be finalized in the 2nd half of the current year. We have planned the sources to cover drinking water needs in Ankara until 2089. Ankara Metropolitan City Water Loss Minimization Project has been included in the Investment Program with a cost of TL 3.1 billion as a first in Turkiye; we have obtained approvals from IFC and AFD to finance the project. The credit is not to be provided with Treasury guarantees. We aim to give start to the project upon ratification by the City Council in May and an opinion of appropriateness from the Treasury. There will be international tenders in accordance with the procurement procedures of the AFD or the World Bank”…
Unemployment Ratio Has Been 9.1% in January 2024
Macro Indicators
3/11/2024
The number of unemployed increased 85 thousand people in January 2024 compared to the previous month as to reach 3 million 214 thousand. The unemployment ratio increased 0,2 points. Unemployment ratio in younger population covering 15-24 age group has been 16,6%...
Fitch Ratings Raised Türkiye's Credit Note
Other News
3/11/2024
International credit rating agency Fitch Ratings has raised Türkiye's credit note from "B"to "B+", note outlook from "stagnant" to "positive"...
