The inflation rate will fluctuate between 11.5 percent and 16.3 percent through the end of this year, Central Bank Governor Murat Uysal said during Inflation Report 2019.
Finance and Treasury Minister Berat Albayrak says over $10 billion in foreign investments entered Turkey since May, and the Turkish economy will grow "positively this year."
One year after the former cricketer took office as prime minister, Pakistanis struggle with rising inflation, slow growth and sluggish reform.
In its quarterly economic forecasts, the European Union's executive arm says prices will grow less than previously predicted, pushing the inflation rate further off the European Central Bank's target of close to but less than two percent.
Paris, Hong Kong, and Singapore share the top spot of the world's most expensive cities to live in, according to the Economist Intelligence Unit's bi-annual survey of 133 cities.
In February 2019, the annual inflation edges down 0.68 percentage points from 20.35 percent in January, the country’s statistical authority says.
The River Nile State declared emergency and curfew on Wednesday as protesters called for overthrow of Omar al Bashir's government
The Turkish Central Bank on Wednesday forecasted Turkey's year-end inflation rate to reach 23.5 %, adding it would fluctuate between 21.9 % and 25.1 % through to the end of year.
Turkey's Finance Minister Berat Albayrak announces wide-scale programme that will see inflation recede in October, promises businesses a discount on high-interest loans.
Turkey's Treasury and Finance Minister Berat Albayrak unveiled the country's new economic plan that he said will reign in inflation, spur growth and cut the current account deficit.
September 15 marks the 10th anniversary of the collapse of Lehman Brothers. It was the fourth largest US investment bank at the time, and its demise is considered one of the defining moments of the 2008 financial crash.
Investors are anticipating a policy package that will make an effort to halt a sharp slide in the value of the peso, which has plunged to a record low.
Subscribe to our Youtube channel for all latest in-depth, on the ground reporting from around the world.
Copyright © 2019 TRT World.
Like
Follow