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Berat Albayrak

Berat Albayrak latest

Turkey to Attract $15 Billion in FDI this Year
January 22nd, 2020 - 06:29 GMT

Turkey to Attract $15 Billion in FDI this Year

Turkey's treasury and finance minister said the country expected to attract $15 billion in direct foreign investments this year. The Turkish Lira should become a competitive currency as regional risks continue, Berat Albayrak said at the press meeting in Istanbul. Underlining that Turkey is a "producing, exporting" country, he said "regional risks were here yesterday, are here today and will be here tomorrow". He stressed that the country's year-end inflation ...
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Inflation surged to more than 25% in October 2018
November 2nd, 2019 - 12:00 GMT

Turkey's Inflation to Jump to 12 Percent by Year End

Last August, the government imposed a new increase in natural gas prices for the fourth time in less than one year
October 3rd, 2019 - 07:00 GMT

Turkey Increases Electricity Prices for 2nd Time in 3 Months

Banks are considering strategies to hang on to the loans long enough to extract some profit.
October 1st, 2019 - 07:00 GMT

Will Ankara’s Most Aggressive Decision Save the Banking Sector?

In 2018 Turkish-U.S. trade was around $20.6 billion.
September 10th, 2019 - 09:25 GMT

Turkey, US Bilateral Trade Volume to Reach $100 Billion

Despite the moderate slowdown in consumption and investment, the economic growth in the second quarter continued with domestic demand. (Shutterstock)
September 11th, 2018 - 07:44 GMT

Despite Inflation Struggle, Turkey's Economy up by 5.2 Percent

Ankara, Capital city of Turkey (Shutterstock/File Photo)
September 9th, 2018 - 11:00 GMT

Turkey Calls on World Nations to Fight U.S. Sanctions

The sell-off has increased the cost of food and petrol and raised fears about the impact on the country’s wider economy and banks. (Shutterstock)
September 3rd, 2018 - 07:59 GMT

Turkey Rises Gas, Power Prices by 14 Percent

Though the US has limited exposure to Turkey, the recent volatility was spread to other parts of the world, especially emerging markets, and could heighten worries on US trade relations with major partners. (Shutterstock)
August 20th, 2018 - 09:30 GMT

How Turkey's Turmoil Is Impacting the Currency Market

US President Donald Trump (L) and Turkish President Erdogan. (AFP/ File Photo)
August 14th, 2018 - 07:25 GMT

Erdogan Accuses U.S. of Stabbing Turkey 'in the Back', Sending Lira Into Tailspin

Turkish lira (Twitter)
August 14th, 2018 - 01:00 GMT

Turkey Reviews Exit Strategies of Current Currency Crisis

Turkey Finance Minister, Berat Albayrak. (AFP)
August 13th, 2018 - 07:24 GMT

New Plan to Rescue Turkey's Deteriorating Economy

A young girl holds placard reading "Al Quds belongs to Muslims" on May 11, 2018 in Istanbul, during a demonstration against US President Donald Trump’s controversial decision to recognise Jerusalem as Israel’s capital by opening a US embassy there. (AFP/ File Photo)
May 14th, 2018 - 11:51 GMT

In Trump Snub, Erdogan Says 'East Jerusalem is the Capital of Palestine'

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