Türkiye has set forth a proposed budget for 2027 valued at approximately 27.28 trillion Turkish lira, or $550.8 billion, focusing on key priorities such as reducing inflation, boosting housing investments, enhancing employment, increasing exports, and fostering economic growth. Vice President Cevdet Yılmaz emphasized that the budget is designed to bolster economic resilience while simultaneously supporting investments and improving living standards, all amidst challenging global...
The International Monetary Fund (IMF) has revised its global economic growth forecast for 2026, predicting a slight increase to 3.1%, up from an earlier estimate of 3.0%. Despite this upward adjustment, the projected growth remains below the 3.5% expansion experienced in 2025. The IMF anticipates a growth rate of 3.4% for 2027, suggesting a modest upward trajectory in the global economy.
The IMF attributes part...
On Monday, global oil prices experienced a significant decline, falling below the $100 per barrel mark. This drop came amid encouraging signs from ongoing...
In a significant move to diversify economic ties, Mexico and the European Union have finalized an updated trade agreement designed to lower tariffs and...
In a recent phone conversation with European Commission President Ursula von der Leyen, President Recep Tayyip Erdoğan emphasized the crucial role that relations between...
