Daily Archives: September 20, 2018

Turkey’s medium-term economic program revises inflation, growth targets

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Treasury and Finance Minister Berat Albayrak has announced Turkey’s Medium-Term Economic Program (OVP), which was renamed as New Economy Program (YEP), revising targets for inflation and growth. The main theme of the three-year program for the 2019-2021 period is “balancing, discipline and change.” Albayrak’s speech at the … Continue reading

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Turkey’s Court of Cassation releases CHP MP Berberoğlu while upholding jail sentence

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Turkey’s Court of Cassation has ruled for the release of main opposition Republican People’s Party (CHP) deputy Enis Berberoğlu, while upholding his jail sentence. Berberoğlu was initially sentenced to 25 years in prison in 2017 for espionage over charges of providing daily Cumhuriyet … Continue reading

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Turkish consumer confidence sharply declines in September

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Turkish consumers’ confidence in the country’s economy sharply fell in September, down 13.2 percent on a monthly basis, data from the Turkish Statistics Institute (TÜİK) has shown. The consumer confidence index stands at 59.3 this month, while the index was 68.3 in August, TÜİK said on Sept. 20. Last month, … Continue reading

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