TR Economy & Updates

TheInsider

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Should be easy to provide a source for that claim.
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Should be easy to google something simple.
 

Bozan

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◾An inventory of all vehicles registered in public institutions was made and a list of those that needed to be liquidated was prepared.

◾In the first stage, 500 vehicles used by public institutions were put up for sale.

◾In the second phase, a liquidation list of 1000 vehicles was prepared.

◾He noted that the sale and liquidation of vehicles in the public sector will not be limited to these numbers, but will continue stage by stage.

◾The proceeds from the sales will be transferred to the treasury.

◾Strict rules will be applied to the purchase and rental of new vehicles.

◾In case of urgent need, public institutions will be able to buy or rent a new vehicle after first selling it.

◾The cadres who will use the official vehicle will be redetermined.

◾In the senior bureaucracy, the practice of office vehicles in some positions will be ended.

◾It is stated that non-essential shuttle buses used by public personnel will be canceled, and instead it is planned to issue transportation cards to the personnel.

◾On the other hand, in the public sector, plans are being made for cuts to be made in every area from fixture purchases to stationery expenditures, from representation, ceremony and hospitality expenses to personnel expenditures

◾All flexible expenditure items have been overhauled. This includes vehicles, consumables, trainings in hotels, and organizations held outside. The aim is to narrow the budget deficit in the public sector

Seems money is running out for these things.
 

Lool

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Simsek is doing a great job these days
Turkey's current account gap and trade deficit have shrunk considerably. Turkey's 5 year CDS is falling below the 300s and all the money the TCMB spent before the local elections have been recovered as of April 30; i-e, within a month only. Simsek is also promising to cut all unnecessay expenses and ensure that all those who doesnt pay taxes will face further scrutiny and sanctions. Moreover, all international financial institutions and TCMB regulators are promising to continue sticking to orthodoxy. Finally, KKM accounts have been reduced from 200 billion dollars to 120 billion dollars as well as foreign accounts in dollars have reduced while lira deposits have increased

By the end of the year, if no one stands in Simsek's way, Turkey's economic position would have recovered considerebaly
 

Ecderha

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International credit rating agency S&P increased Turkey's credit rating from B to B+.

The same agency, which were paid and were part of the same Global Rating campain groups against Turkiye and his economy
The same agency which were sued by EC for "S&P with abusing its position as the sole provider of international data vendors". They are known that they are paid liers.
Last 10+ years we saw and read many news from Global Ratings agencies related to Turkiye and that they are in default state! Did this propaganda changed, NO it is NOT
For them Turkiye economy did NOT change for them there NO any impact. But Important thing was back then for them to pop up campain news against Turkiye. If there were an event just show this event as economy failure.

I am still waiting Turkiye to default, becuase S&P said so. Why it is NOT happening!! 10+ years passed I am still waiting!

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The facts:
The EC said in its statement of objections which lays the groundwork for an adverse finding against S&P.
In other words S&P are liers and demand money to anyone which want S&P to say good or bad thing on news or on paper.




Now The same S&P is giving Turkiye economy B,B+. What this mean -> absolutely NOTHING. It only affect IF and ONLY IF there is Contract between Private company and other Private company which have BIG business in usa. 95% of this Turkiye companies do not do this when come to send and sell thier products in usa.
Turkiye products are send on usa market via partners ( person with usa company which is looking to make more money by doing resell ) to usa market.
They taking big product packages and resell them.They do not care about S&P or default or you State they only care to RESELL and Make money
 

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