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Turkey's economy

Turkey (Türkiye): Background and U.S. Relations In Brief – Congressional Research Service

Turkey (Türkiye): Background and U.S. Relations In Brief Updated January 19, 2023 U.S. relations with Turkey (Türkiye) take place within a complicated geopolitical environment and with...

Turkish government banks on Gulf financial support to save economy – Al-Monitor/Mustafa Sonmez

"As crucial elections near, Ankara pins hope on financial support from “friendly” countries to ease its foreign currency shortfall and rein in inflation" reports...

Erdogan initiates economic gestures ahead of Turkey’s critical elections – Al-Monitor/Mustafa Sonmez 

"Turkey’s president has stepped up economic pledges to the electorate ahead of next year’s polls, which loom as the toughest test of his two-decade...

Turkey’s growing current account gap exacerbates lira weakness – Al-Monitor/Mustafa Sonmez

"A widening current account deficit, coupled with $181 billion in short-term external debt liabilities and plunging foreign investments, portend further currency woes for Turkey"...

Turkey’s economy to be hit hard by Fed’s expected interest rate hikes – Al-Monitor

"Expected interest rate hikes by the US Federal Reserve to rein in inflation will deal further blows to Turkey’s economic turmoil" says Mustafa Sonmez...

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