Economy

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Latest Economy News

Turkey posts highest budget deficit of year in October

Photo: AA October saw the highest central budget deficit of 2022, with…

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Erdoğan dismisses stats institute TÜİK deputy head after 7 months in charge

President Recep Tayyip Erdoğan on Nov. 12 dismissed deputy head of the…

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As liquidity problems worsen, Turkey turns to capital controls and informal FX flows

The Turkish economy’s foreign exchange (FX) liquidity problem is getting worse. So…

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