Cevdet Yılmaz

PNS TARIQ, the fourth and final ship constructed under Türkiye's national warship initiative Milgem's cooperation with Pakistan, was officially laid down in a launch ceremony in Karachi on Aug. 2.

Turkish Vice President Cevdet Yılmaz and Pakistan Prime Minister Shahbaz Sharif attended the event.

President Recep Tayyip Erdoğan will preside over the Supreme Military Council meeting next week at the Presidential Complex, where key appointments and promotions within the Turkish Armed Forces will be deliberated.

Türkiye's 16th International Defense Industry Fair (IDEF) commenced on July 25, drawing significant attention from local and foreign officials.

The event held at the Tüyap Fair and Congress Center in Istanbul, was organized under the auspices of the presidency and hosted by the Defense Ministry. The Turkish Armed Forces Foundation managed and shouldered responsibility for the fair.

The government expects the new medium-term program to be unveiled in September to reduce uncertainties and increase predictability for investors, Vice President Cevdet Yılmaz has said.

The government will unveil a new medium-term program in September with updated macroeconomic targets, Vice President Cevdet Yılmaz has said.

The Turkish economy has remained resilient despite the shocks in the global economy, says Vice President Cevdet Yılmaz, reiterating that the government's priority will bring down inflation to single digits.

The government does not plan to introduce new taxes, Vice President Cevdet Yılmaz has said, adding that the additional budget does not foresee new taxes to meet the financing need of the projected expenditures.

Foreign companies, from a wide range of countries, are showing strong interest in making investments in Türkiye, Trade Minister Ömer Bolat has said.

Foreigners were in the wait-and-see mode due to the uncertainties stemming from the May elections, but now business delegations are flocking to Türkiye to hold talks, Bolat told a group of journalists.

Vice President Cevdet Yılmaz and Treasury and Finance Minister Mehmet Şimşek traveled to Qatar yesterday for high-level talks.

President Recep Tayyip Erdoğan will travel to the United Arab Emirates (UAE) later this month, Treasury and Finance Minister Mehmet Şimşek said, adding that some agreements could be signed during the president's visit.

Erdoğan's visit to the UAE will probably take place after a NATO summit on July 11-12, Şimşek told reporters after the cabinet meeting on July 3.