Muharrem Ince, who launched the Homeland Movement on September 4 last year after harshly criticizing the Republican People’s Party (CHP) President Kemal Kilicdaroglu and the party’s policies after the 37th Ordinary Meeting in July, has resigned from CHP. Ince, who has been involved in the CHP for the last 42 years and ran as CHP’s...
A possible reverse capital control ahead
What matters on Wednesday, March 29
What matters on Tuesday, March 28
What matters on Monday, March 27
Central Banks keeps interest rate steady at 8.5%
The message from Russia: ‘I am in the Middle East too’
What matters on Thursday, March 23
The post-earthquake needs analysis
What matters on Wednesday, March 22
World automotive sector influenced by semiconductors (chip sector) demand
The highest monthly CAD in the history of the republic
What matters on Tuesday, March 21
What matters on Monday, March 20
Dollar lost its savings instrument edge
Quake-hit cities to get investment support
15% of earthquake victim voters migrated
What matters on Tuesday, March 14
A law specific to Istanbul is a must: Mayor of Istanbul
Share of compensation of employees in the GVA hits a 25-year low
TWF prepares to invest in petrochemical industry
Turkey Wealth Fund (TWF) has announced that it will make oil refining and petrochemical investments in order to decrease the foreign trade deficit. Work has begun identifying a location in Iskenderun for the USD 8bn investment. The Parliament’s Planning and Budget Commission discussed the audit report of TWF’s financial statements and activities for 2019. The...
Reform package to be launched in February
The Human Rights Action Plan (HRAP), part of the AK Party-led reforms to Turkey’s economy and justice system, is expected to be included in judicial reforms slated to be launched in February. the The economic and judicial reforms were discussed last week at the AK Party Central Executive Committee’s (MYK) meeting. Feedback from the field...
The Parliament will deal primarily with Technopark Law
On the agenda for the parliament this week will be the Law on Technology Development Zones (TDZs) and the Law Proposal on Amending Some Laws, including a series of regulations in improving ease of doing business and the investment environment. Other regulations up for amendment in the proposal include the removal of the signatory circular,...
Turkish Parliament approves 2021 budget
The 2021 budget was approved by Parliament nearly two months of debates at the Planning and Budget Commission and General Assembly. The size of the 2021 Budget was determined as follows: >> Budget expenditures: TRY 1.346tr >> Non-interest expenses: TRY 1.166tr >> Budget revenues: TRY 1.101tr >> Tax revenues: TRY 922.7bn >> Budget deficit: TRY...