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Tuesday, September 13 2011 , Your time is 15:58:00
The Treasury has completed technical works to issue “gold bonds and gold-based lease certificates” by the end of the year, in an attempt to lure tons of “under-the-pillow” gold back into the economy, Deputy Prime Minister Mehmet Şimşek has said.
ANKARA / ISTANBUL
Turkey’s gross domestic product (GDP) growth rate increased by five percent in the first quarter of 2017 compared to figures in the same period last year, data from the Turkish Statistical Institute (TÜİK) showed on June 12
Turkey’s industrial output soared in April, mainly due to a significant increase in automotive production and a number of measures taken to give a boost to the economy, signaling a visible acceleration in the GDP growth.
Turkey’s exporters are set to enter a new golden age in terms of overseas sales, according to the chair of Turkish Exporters Assembly, Mehmet Büyükekşi, who says Turkey is on the verge of breaking a new record
PARIS - Anadolu Agency
Turkey’s growth in 2017 will beat the forecast of the Organization for Economic Co-operation and Development (OECD), Deputy Prime Minister Mehmet Şimşek said on June 7.
ANKARA – Anadolu Agency
The Turkish Armed Forces (TSK) will use a locally made launching system and anti-tank missiles starting this month, a government source has said.
Representatives from Turkey’s olive industry met two top officials on June 7 in a bid to halt a contentious draft law, which will make it possible for the building of industrial facilities on olive groves if “public interest” can be imputed under the supervision of a preservation board
Turkish airport operator TAV has signed a deal with Saudi Arabia’s civil aviation authority to operate three airports in the Gulf country in partnership with the Al Rajhi Group, the Turkish operator has announced
ISTANBUL / PARIS
The Organization for Economic Cooperation and Development (OECD) has revised up its 2017 economic growth forecast for Turkey to 3.4 percent, up from 3.3 percent in its previous report, saying that the Turkish economy mostly recovered from severe shocks in 2016
Carmakers were ranked as one of Turkey’s largest three exporters in 2016, with Ford Otosan, a joint venture between Ford Motor Co. and Turkey’s Koç Holding, topping the list with an export volume of $4 billion
The World Bank has raised Turkey’s economic growth projections for the next three years as uncertainties ease, tourism recovers and corporate balance sheets mend under the less severe impacts of the July 2016 coup attempt than previously estimated, according to its Global Economic Prospects report published on June 5.
BEIJING - Agence France-Presse
China on June 8 posted a forecast-busting surge in exports and imports in May, signaling improvement in the world’s second largest economy, but there were warnings Beijing would struggle to maintain its momentum.
Turkey’s annual consumer price inflation stood at 11.72 percent in May, easing off from the 8-year high that it hit a month earlier at 11.87 percent, official data showed on June 5.