“Terrible decision and I think a mistake. Again under-delivering,” one strategist said in reaction to the news. Source: Turkey’s central bank raises interest rate less than expected, to 17.5%
Tag: Turkey
By Editorial Team Article Foreign Ministers Discuss Grain Exports Russia and Turkey explore options for grain exports Discussion on Grain Exports Foreign Minister Sergei Lavrov and his Turkish counterpart Hakan Fidan discussed options for grain exports from the West and Ukraine, the Russian Foreign Ministry reports. Russia officially notified Turkey about the dissolution of the […]
By Editorial Team Turkey Raises Gasoline Tax to Finance Budget Increase Tax Hike to Address Budget Deficit Turkey raised a tax on gasoline on Sunday to help finance a 1.12 trillion lira ($42.2 billion) increase in its budget in 2023 following February’s earthquakes and May’s presidential elections, pushing up spending. The fuel tax increase will […]