Economy

As far as the government sector is concerned, we also expect rising non-oil earnings in line with stronger domestic demand. However, we do expect a slightly lower budget surplus of... 2006-04-19

The government has laid out its economic reform priorities for the next year. Further liberalisation is planned in the telecoms, mortgage and insurance sectors. Of these, improving... 2006-04-07

Our core scenario for the economy in 2006 is positive, with relatively high growth expected as a result of the 'bounce back' effect after weak expansion in 2005 and a continuing oil-driven... 2006-04-07

After several months of relatively stable, lira volatility returned with a vengeance in March. Indeed, after breaking through the key TRY1.3/US$ level in mid-February - which suggested... 2006-04-07

The nature of economic and political risk in Turkey is changing, as has been evidenced by the fall-out from the recent ructions over President Ahmet Necdet Sezer's veto of Adnan Buyukdeniz... 2006-04-05

Following confirmation from the Central Bureau of Statistics that real growth reached 5.2% last year, the Ministry of Finance has revised its growth forecast up to 4.1% from 3.9%... 2006-03-10

The government's cuts in customs duties have not resulted in as large a fiscal loss as ministers had feared. Now it remains to be seen whether this year's tax cuts will result in... 2006-03-10

Since its rapid depreciation in 2001, the lira has confounded expectations, rising steadily against virtually all currencies. Indeed, the Central Bank of Turkey (CBT)'s index of CPI... 2006-03-03

We expect growth of 5.7% in 2006 (FY05-06). We also expect the budget deficit to widen to 6.5%, following a deficit of 5.7% in 2005. (Under the pre-2000 system of budget reporting,... 2006-02-14

After accelerating in 2004, real GDP growth stabilised at 3.8% in the first three quarters of 2005, and is likely to have remained on an even keel in Q4. The absence of reliable high... 2006-02-14