Economy
Türkiye-UK trade deal expected to enter force in 2026
Agreement expected to enter force in second half of year, says Chris Gaunt, chair of British Chamber of Commerce in Türkiye
Türkiye-UK trade deal expected to enter force in 2026
Agreement expected to enter force in second half of year, says Chris Gaunt, chair of British Chamber of Commerce in Türkiye
Bank of England cuts policy rate by 25 basis points, matching forecasts
Decision comes in narrow 5-4 vote, as bank says inflation now expected to fall back towards 2% target
Turkish economy expected to grow 3.2% in 2025, 3.4% in 2026: Moody’s
Türkiye’s inflation projected to wrap up 2025 at 35%, while falling to 22% in 2026 and 18.5% in 2027, according to Moody’s Global Structured Finance Outlook report
YEAR-ENDER - Quarter-century of crises: Financial shocks that shaped global economy
From the dot-com crash to the pandemic and renewed trade tensions, the 21st century has been marked by turbulence in financial markets
Türkiye’s short-term external debt falls to $165.7B in October
Banks’ short-term external debt at $73.4B; other sectors at $64.7B
Türkiye secures $587.3M from Asian Development Bank for exporters affected by 2023 earthquakes
Bank also approves $150M, $176.1M in additional financing for post-earthquake recovery, development, according to Treasury and Finance Ministry
