Browsing Tag
economy
46 posts
Türkiye Secures $2.4B Foreign Financing for Earthquake-hit Region
Türkiye has secured about $2.4 billion in financing from abroad amid efforts to address the aftermath of the…
President Wickremesinghe’s Contribution To Securing IMF Loan For Sri Lanka
Brussels (08/11 – 50) On March 20, the IMF approved a $3 billion Extended Fund Facility (EFF) to…
Transition to Turkish Lira Continues in Line With Ttarget: CBRT Chief
Turkish central bank chief met with the management of the Banks Association of Türkiye (TBB) to evaluate the…
Turkish Economy on ‘Right Track,’ Global Financial Bodies ‘Aware’
While the Turkish economy is moving in the right direction, showing positive signs noted by credit rating agencies…
Notorious Benjamin Wey Sues Sri Lanka For $250 Million
London (05/11 – 44.44) Benjamin Wey, a Chinese-American financier, founder of Fintech Holdings and a history of legal…
Turkish Bank Denies Role in High-Profile Football Stars Scam Case
One of Türkiye’s major private banks refuted allegations Tuesday that it played a role in an alleged scam…
OECD Ups Türkiye View, Cuts Global Outlook But Sees Soft Landing in 2024
The global economy is likely to falter next year, but the risk of a hard landing has subsided…
Türkiye’s Foreign Gap Shrinks 17.5% to $6.5 Billion in October
Türkiye’s foreign trade deficit narrowed by 17.5% year-over-year in October to $6.5 billion (TL 187.93 billion), according to…
Sri Lanka Court Found Ex-President Contributed to Economic Crisis
London (15/11 – 67) Colombo Supreme Court rules that former President Gotabaya Rajapaksa and his brother, former Prime…
‘Time to Shift to Lira’ as Rate Hikes Improved Expectations: CBRT Chief
Turkish central bank chief on Wednesday said interest rate hikes have helped lower inflation expectations and improved visibility…