Berat
Turkish gov't extends tax cuts
Turkish Treasury and Finance Minister Berat Albayrak has unveiled a tax cuts package including six topics, aiming at full economic recovery following the currency turmoil in recent months.
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Turkish gov't launches plan against surging inflation
Unveiling a new set of measures to fight inflation, Turkish Treasury and Finance Minister Berat Albayrak vowed an "all-out war" on inflation with the support of the private sector on Oct. 9.
Albayrak to announce new plan to fight surging inflation on Oct 9
Turkish Treasury and Finance Minister Berat Albayrak has said that the government would announce a new program to fight inflation on Oct. 9, while also thanking the country's banks association for its advisory decision for banks on loan restructuring.
Turkey will not compromise budget discipline in new inflation program: Albayrak
Turkish Treasury and Finance Minister Berat Albayrak said there would be no compromise in budget discipline in his program to combat surging inflation due to be announced next week, Anadolu Agency reported on Oct. 7.
Turkey to announce measures against inflation next week: Albayrak
Turkey will announce measures to be taken in the fight against inflation next week, Finance Minister Berat Albayrak has said, after data showed annual consumer price inflation jumped to nearly 25 percent in September.
Turkey is ready to support its banks, if needed: Albayrak
The Turkish government is ready to provide required support to its banks should the need arise due to recent developments, Treasury and Finance Minister Berat Albayrak has said.
Private Pension System to be compulsory in Turkey
The New Economic Plan (YEP) presented by Treasury and Finance Minister Berat Albayrak on Sept. 20 includes changes in the regulation of the Private Pension System (BES), making wage earners obliged to stay in the plan for three years.
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Albayrak says inflation to peak in October, enter downward trend by year-end
Turkey's inflation will peak in October, but enter a downward trend by the end of the year, Finance Minister Berat Albayrak said on Sept. 20, hours after unveiling a new medium-term program.
Albayrak announces Turkey's medium-term economic plan
Treasury and Finance Minister Berat Albayrak has announced Turkey's Medium-Term Economic Program (OVP), which was renamed as New Economy Program (YEP), revising targets for inflation and growth.
Interest rate hike ends debate on Central Bank: Albayrak
Turkey's Treasury and Finance Minister Berat Albayrak has said that the Central Bank's decision to sharply raise the interest rate ended the debate on its independence.