Naci Ağbal

Naci Ağbal, who previously served as minister and undersecretary at the Finance Ministry, has been appointed as presidential chief of strategy and budget.

The Turkish economy will be mobilized with the new cash repatriation scheme which is expected to draw huge amount of money although the government does not target a specific amount, Finance Minister Naci Ağbal has said, according to a report by state-run Anadolu Agency.

Ankara is working on a new cash repatriation law to bring Turkish citizens' assets abroad back to the country, Finance Minister Naci Ağbal has said.

Finance Minister Naci Ağbal has said the government's recent incentives will boost medical tourism in Turkey, including tax exemptions and new investment subsidies.

Steep fluctuations in foreign exchange markets and oil prices over the last couple of weeks are only "temporary" and largely stem from rising concerns about the situation in Syria, Turkish Finance Minister Naci Ağbal has said.

Turkey’s central government’s budget balance saw a deficit of 1.9 billion Turkish Liras ($502 million) in February, Finance Minister Naci Ağbal announced on March 15.

A draft law revising Turkey’s 33-year-old value-added tax (VAT) law has been sent to parliament, Finance Minister Naci Ağbal has stated. 

Success in Turkey’s ongoing “Operation Olive Branch” military campaign in Syria’s Afrin district will avert possible risks to the Turkish economy, Finance Minister Naci Ağbal stated on Jan. 24.

Turkey’s central government’s budget balance saw a deficit of 47.4 billion Turkish Liras ($12.9 billion) last year, Finance Minister Naci Ağbal announced on Jan. 15.

Turkish Deputy Prime Minister Mehmet Şimşek sought Dec. 14 Chinese investment for infrastructure products in Turkey during an official visit to Beijing.