TR Economy & Updates

[Sanchez]

The central Government need to do this.

Government's trying and failing to do this for more than 15 years at this point. It's not about needing to do it.

 

[B_A]

In other hand

If we use Federalism,I think istanbul will become much more richer and powerful then become like Seoul of Korea?

Ankara will decline without a big central government.

 

[Heartbang]

Unfortunately, high speed train projects are progressing very slowly and there are serious mistakes in the projects. The Ankara Izmir line and Ankara Bursa line have turned into an endless story and major mistakes were made on the Ankara Sivas line.

The railways must be privatized.

Not the way the Brits did, but the way the Japanese did. But it needs to be done nonetheless.

 

[Saithan]

Privatizing railways in a country where rule of law doesn't exist will not benefit anyone. just like how you need different institutions and organizations for audit, control, oversight and such. The government has spent the last 15-20 years tearing all of that apart and centralizing the power on RTE thus our nations and the different institutions ability to react has been diminished to a fucked up degree.

 

[Quasar]

Frankly speaking unfortunatly building rail roads can not magically start any bussiness or production activity neither opeaning a university to each city necessarily increases your scientific output or opening an airport to a place not necessarily causes it to be flooded by people.

 

[Saithan]

China takes Türkiye to WTO over electric vehicle tariffs - Latest News

China has requested for consultations with Türkiye at the World Trade Organization (WTO) over additional tariffs Ankara imposed on imported electric vehicles and other vehicles from China.

www.hurriyetdailynews.com

Loool..... So does the government really think through what they're doing, when giving Chinese companies tax reductions and such.

 

[B_A]

Türkiye logs highest current account surplus in 5 years

Türkiye's current account balance registered its highest surplus in five years in August, while the 12-month rolling gap plunged to its lowest since...

www.dailysabah.com

 

[somegoodusername]

What is "savunma harcamaları"? What does it include?

 

[Rooxbar]

Extremely important point I've learnt from first-hand experience as well. Please do listen for two minutes until the end of the segment on productivity, such a basic point which many do not understand.

 

[Anmdt]

View attachment 71264 View attachment 71265
What is "savunma harcamaları"? What does it include?

Well that charts just prove you another two of the journals who 'licks the a#£' of a certain group and dares to include emniyet (police) within defense budget, to make it appear 'sufficient' while sanely, minister of finance looks for alternative ways to boost up SSDF.

At least they shouldn't have contradicted themselves for safe of being financed.

 

[Lool]

Unbelievable
Turkish net foreign reserves improves to 30 billion dollars from a negative 74 billion dollars a year ago. In other words, Simsek policies managed to put around a 100 billion dollars of reserves back into state coffers within a year

https://twitter.com/i/web/status/1846881817443393950

 

[what]

1. The swap deals are having an impact on this number
2. Shows you that the Turkish economy is resilient and makes you wonder how much of that hyperinflation could have been avoided

 

[YeşilVatan]

1. The swap deals are having an impact on this number
2. Shows you that the Turkish economy is resilient and makes you wonder how much of that hyperinflation could have been avoided

The bright side of Turkish economy: we make stuff. Like, a lot of stuff. Dark side is mismanagement, low productivity and a huge black sector. Hope it gets better.

 

[Huelague]

The hyperinflation on foods can be slow down by a new “tourism law’ to stop the “All inclusive” reservations. I will not imagine how much on food Türkiye chuck away every year.

 

[Lool]

1. The swap deals are having an impact on this number
2. Shows you that the Turkish economy is resilient and makes you wonder how much of that hyperinflation could have been avoided

Net foreign reserves are 30 billion and if you include swaps it surpasses 50 billion dollars

 

[what]

The tweet mentions the swaps have been counted out?

Sorry, I missed that.

 

[JOYDEEPGHOSH]

#BRICS #Currency to End #Dollar Dominance, After #Asian Currency & #Africa Currency Was Unsuccessful

BRICS Currency to End Dollar Dominance, After Asian Currency & Africa Currency Was Unsuccessful

At the 16th BRICS summit in Kazan, Russia unveiled a symbolic BRICS banknote , stirring debate over ending the US dollar's dominance. Ru...

rbt-defense.blogspot.com

 

[B_A]

List of countries by GDP (nominal) per capita - Wikipedia

en.wikipedia.org

Seems we will have almost 16000USD GDP this year

 

[Saithan]

The hyperinflation on foods can be slow down by a new “tourism law’ to stop the “All inclusive” reservations. I will not imagine how much on food Türkiye chuck away every year.

While I understand your arguement, and would support it, IF our people weren't a bunch of opportunist pricks, who'd overprice everything and cheat tourists for as much as possible. And then whine when Greek prices are cheaper and probably treat tourists better.

I know I am generalizing, but I think it's important that the hotels as such offer a complete package that protects the tourists and offer a safe and good experience of our country, so they'll come back.

I was in Cesme, Ilica this autumn...

 

[Lool]

Lets share some good news
Amid the rapid, unprecedented, rise in the net foreign reserves
Turkey's net foreign reserves, including KKM, have officially turned positive

In other words, Turkey now can pay all of the remaining KKM accounts without resorting to swaps or debt and yet still have some money left

I still cant believe that Turkey was on the verge of bankruptcy, unless they sold their gold reserves, a year ago

Erdogan should build a statue for Mehmet Simsek, I swear

https://twitter.com/i/web/status/1854496872573833385