TR Economy & Updates

[AlperTunga]

Just to clarify my thinking a bit more. I am not discussing here economic benefits or costs of privatizing some suitable assets. My focus (government focus may be something else) is how can we quickly get substantial money directly or indirectly to cover our defense expenses in the next years.

 

[uçuyorum]

Just to clarify my thinking a bit more. I am not discussing here economic benefits or costs of privatizing some suitable assets. My focus (government focus may be something else) is how can we quickly get substantial money directly or indirectly to cover our defense expenses in the next years.

Reducing unnecessary expenses and government spending is one way rather than selling strategic national assets, privatizing of which will cripple every aspect of life and economy like main roads.

 

[Sanchez]

Assuming of course the money obtained is not used for other less worthy (audis for government functionals?) purposes.

Of course it is. Government have an election to win in 2029 at the latest. Lead up to the 2023 election was a dagger in the heart of the economy.

Defence sector is not huge, Turkey spends less than 3% of its GDP on defence.

 

[Lool]

Of course it is. Government have an election to win in 2029 at the latest. Lead up to the 2023 election was a dagger in the heart of the economy.

Defence sector is not huge, Turkey spends less than 3% of its GDP on defence.

You mean in 2027 not in 2029
The current sale is clearly geared towards having a massive surplus before the third or fourth quarter of 2027 for the early elections

 

[Sanchez]

You mean in 2027 not in 2029
The current sale is clearly geared towards having a massive surplus before the third or fourth quarter of 2027 for the early elections

2028 actually, 2029 was wrong. Per law, next general elections should be had no later than May 2028. But noone gives a shit about laws anymore so we'll see.

People shouldn't have to bear the burden of increased costs for at least a decade for one party's election campaigns.

 

[Lool]

2028 actually, 2029 was wrong. Per law, next general elections should be had no later than May 2028. But noone gives a shit about laws anymore so we'll see.

People shouldn't have to bear the burden of increased costs for at least a decade for one party's election campaigns.

If the elections occured in 2028, then Erdogan wont be allowed to run for a third term by law. However, according to some sites, if an early election is held, then Erdogan does have the right to nominate himself for a third round; i-e, if my info is legitimate

 

[Huelague]

Still, most important agreement right now

Türkiye, EU stress will to work toward customs union update

Vice President Cevdet Yılmaz on Friday said a 'strong Türkiye-European Union perspective' remains achievable, as Ankara pushes for a rapid resumption of...

www.dailysabah.com

 

[Lool]

Still, most important agreement right now

Türkiye, EU stress will to work toward customs union update

Vice President Cevdet Yılmaz on Friday said a 'strong Türkiye-European Union perspective' remains achievable, as Ankara pushes for a rapid resumption of...

www.dailysabah.com

They have been saying that for 10 years rn
As long as it is a doable card to use against Turkey, they will use it
As long as Germany, Greece, Greek Cyprus, and France keep yapping at every corner, the deal wont pass through

 

[mehmed beg]

AKP/Erdogan admin have really damaged capital account of Turkiye.

If sukuk "soft" bond "strategy" top up was already being done and there are now sunk in costs/diminishing returns there.... then of course natural progression is to hard assets next.

Private sector of Turkiye (capital market side with them) can only do so much given turbulence inflicted there and margins are delicate in the end.

You will inevitably find whataboutism, misleading info, and bad equivalency assertion etc from those that are very ideologically wedded to current admin for whatever reason.

What do you think, what was the cost of the earthquake in Turkey? Or the various operations in Syria and elsewhere? Or the necessity to import even simple things for any strategic industry?
What do you think how many flying hours Turkish Coast Guard did in the last 15 years, saving the people,who sold their cows for n order to get to the promised land?
Or what has been the cost of keeping 5 million of refugees?
Various financial games played against Turkiye???
500 bn ? 700bn?