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Political parties accelerate work on new constitution

IYI Party Leader Meral Aksener announced her party’s proposal on the ‘improved and strengthened parliamentary system’ following Nationalist Movement Party (MHP) Leader Devlet Bahceli’s announcement of the 100-item proposal in response to President Recep Tayyip Erdogan’s call for a new constitution. “Our partners in the People’s Alliance, the MHP and the Great Union Party (BBP),...

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Muharrem Ince launches roadmap for new party

Muharrem Ince, who entered politics in his youth with the Republican People’s Party (CHP), never managed to reach the leadership levels he desired and eventually ended up splitting with CHP. He has now established the Homeland (Memleket) Party. As a former presidential candidate for the CHP, Ince has set the ultimate goal to win the...

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CHP and IYI Party shut the door on MHP’s constitution proposal

THE NATIONALIST MOVEMENT PARTY (MHP) LEADER DEVLET BAHCELI announced a new constitution proposal consisting of 100 articles for the 100th anniversary of the Republic. “Reconciliation and preparation of a new constitution is a national obligation,” Bahceli said, calling on political parties to support the new constitution. The draft constitution will be submitted first to the...

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New ‘mini’ economy law package to include technical regulations

A new omnibus bill has been prepared oncovering in issues at the Ministry of Treasury and Finance that are included in the scheduled economic reform package previously announced by President Recep Tayyip Erdogan. The ‘mini’ economy package, which won’t be very comprehensive, is said to include some technical regulations to be implemented by June 30,2021....

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Combating unregistered fuel sales

The Tax Procedure Law and the Legislative Proposal on the amendment of some laws introducing new measures and penalties within the scope of the fight against fuel smuggling have been adopted in the Planning and Budget Commission. The legislative proposal is expected to be enacted this week. AK Party Konya Deputy Ziya Altunyaldiz, the first...

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TCCD to build 170 MW SPP and 90 MW WPP

Turkish State Railways (TCDD) will build a 170 MW Solar Power Plant (SPP) and 90 MW Wind Power Plant (WPP), which combined will meet 75% of its electricity consumption from renewable resources. New projects are being launched regularly as institutions and organizations try to achieve their goal to eliminate carbon emissions within the scope of...

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The endless agenda of politics: Central Bank reserves

The Central Bank’s reportedly missing USD 128bn reserves have created an endless cycle of recriminations in recent days. The opposition parties addressed the question aboutof where the USD 128bn is to the government at every chance they could get. They offered a commission and a debate atin the parliament for thean investigation the . Posters...

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Montreux statement sparks ‘coup’ debate

Parliament Speaker Musta Sentop’s determination that it is ‘technically’ possible for the President to repeal the Montreux Convention and the statement on the issue published by 104 retired navy officers have raised the ‘coup’ debate to the top of the political agenda. In related news, debate is also raging over whether Turkey’s withdrawal from the...

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The law proposal to spur on encouraging tourism

A 32-item legislative proposal on amending the Law for the Encouragement of Tourism has been submitted to the Parliament. The 20% limit on employment of foreign workers in hotels and other tourism facilities has been removed while beaches with no accommodation facilities are requireed to obtain a tourism operation license. The proposal paves the way...

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The Central Bank debate in the politics

While the impact of the Central Bank Governor Naci Agbal’s dismissal continues on the economy, notably on foreign exchange (FX) rates, the management change has also become a key issue in politics. Agbal was dismissed from his post before he completed five months. The opposition parties proposed legal regulations and setting the term of office...

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