Dude. Yandaş people needs to be fed. And they dont have any money on Central Bank. They need to take loan to throwing it away like they wasted 128 billion dollars.
Turkey receives $265M WB loan for safer, greener public buildings
Turkey is set to receive a $265 million (TL 2.27 billion) loan from the World Bank which will be used to bolster the strength of public buildings in the...www.dailysabah.com
Just a reminder WB loan is not interest free either. So what's the point of taking this loan ? IMO it would be better to avoid taking foreign loan, but why bother pointing this out to some ppl.
I wonder what machinery we are exporting.Turkey's machinery exports reach $9.2 bln in 5 months - Latest News
Turkey’s machinery exports reached $9.2 billion in the first five months of this year, according to figures released by a sector association on June 13.www.hurriyetdailynews.com
Good stuff
From my personal expirience your machinery for food, detergent and similiar industries have best ratio of price/quality. I am not suprised with this information.
www.veryansintv.com
And yet the AKPeons still ask for evidence when we tell them that the country is bankrupt, there is no healing for blindness after all.Swap transaction limit with China rises to $6 billion: Erdoğan
Turkey will soon sign a new swap transaction agreement with China, raising the limit by $3.4 billion to a total of $6 billion, President Recep Tayyip...
These Swap deals are not really a good thing for Turkey considering the non existing budget discipline. Which is the reason to make these swaps. It actually fits China's loan deal concept very well.
Mahfi Eğilmez: Merkez'in rezervleri eksi 56 milyar dolar
Cumhurbaşkanı Erdoğan, NATO Liderler Zirvesi’ne katılmak üzere Brüksel’e hareket etmeden önce Atatürk Havalimanı Devlet
Mahfi Eğilmez: Center's reserves minus 56 billion dollars
View attachment 22928
Swap transaction limit with China rises to $6 billion: Erdoğan
Turkey will soon sign a new swap transaction agreement with China, raising the limit by $3.4 billion to a total of $6 billion, President Recep Tayyip...
These Swap deals are not really a good thing for Turkey considering the non existing budget discipline. Which is the reason to make these swaps. It actually fits China's loan deal concept very well.
Mahfi Eğilmez: Merkez'in rezervleri eksi 56 milyar dolar
Cumhurbaşkanı Erdoğan, NATO Liderler Zirvesi’ne katılmak üzere Brüksel’e hareket etmeden önce Atatürk Havalimanı Devlet
Mahfi Eğilmez: Center's reserves minus 56 billion dollars
View attachment 22928
I hope the government will revive or support container production firms. Because of the Chinese competition the only container firm in Turkey were not supported and had to go bankrupt.general cargo is back
What container? Turkish exporters turn to wooden boxes for shipment
Global logistic issues have prompted Turkish exporters to pack and send their goods in wooden boxes, instead of traditional freight containers due to a...
Not really cool for mass transport, each hour spent extra in pier is a waste for the shipowner and charter company.general cargo is back
What container? Turkish exporters turn to wooden boxes for shipment
Global logistic issues have prompted Turkish exporters to pack and send their goods in wooden boxes, instead of traditional freight containers due to a...
Sadly nothing can be donegeneral cargo is back
What container? Turkish exporters turn to wooden boxes for shipment
Global logistic issues have prompted Turkish exporters to pack and send their goods in wooden boxes, instead of traditional freight containers due to a...
Turkey on positive track of fiscal discipline: Minister - Latest News
Turkey's January-May primary balance shows that the nation resolutely maintained its fiscal discipline policies, the treasury and finance minister said on June 15.
So ignoring debt... on track
Turkey’s short-term external debt stock at $144.7 bln - Latest News
Turkey's short-term external debt stock amounted to $144.7 billion in April, according to the country’s central bank on June 18.
Turkey will never deviate from inflation target: Minister - Latest News
Turkey will never deviate from its inflation target for the sake of short-term gains, the country's finance minister said on June 18.
Though no trust remains, so this is waste of your breath.
EUROSTAT and TUIK revealed
purchasing power parity index
View attachment 24532
View attachment 24533
Turkey is far behind the EU in purchasing power

According to Purchasing Power Parity (PPP), Turkey's per capita gross domestic product (GDP) index value was 64. This figure fell 36 percent behind the EU average.
ANKA21.06.2021
The Turkish Statistical Institute (TÜİK) announced the provisional results of the SGP prepared by the European Union Statistical Office (Eurostat). PPP is defined as the price ratio of a standardized basket of goods and services, defined in detail, in different countries.
Thus, price level differences between countries are eliminated and real price and volume comparisons can be made internationally. According to the PPP, per capita GDP index for 2020, while the average of 27 European Union (EU) countries was 100, this value was 64 for Turkey and was 36 percent below the EU average.
In comparisons, 27 EU member states, 3 European Free Trade Association (EFTA) countries (Switzerland, Iceland and Norway), 5 candidate countries (Turkey, North Macedonia, Montenegro, Serbia and Albania), one potential candidate country (Bosnia-Herzegovina) and United Kingdom covered. Among the 37 countries included in the comparisons, the country with the highest GDP per capita index according to PPP was Luxembourg with 266, and the lowest country was Albania with 31. In the GDP per capita index, Luxembourg was 166 percent above the EU average and Albania was 69 percent below the average.
PRODUCT PURCHASED FOR 100 EURO IN EUROPE, 32 EURO IN TURKEY
The price level index is calculated as an indicator of the purchasing power of the national currencies of the countries according to the comparative exchange rate. If the price level index of a country is greater than 100, this country is defined as "expensive" compared to the country group average, and if it is less than 100, this country is defined as "cheap" compared to the country group average.
Turkey's price level index for actual individual consumption became 32 according to the provisional results for 2020. This value showed that the same basket of goods and services purchased for 100 euros across EU countries can be purchased with 32 euros in Turkish lira (TL) in Turkey.
TURKEY'S
Consumption
LEVEL WAS 72 PER CAPITA IN 2020
Per capita consumption is the yearly use of goods and services by each person, derived by dividing the quantity of goods and services used by the total population.
While comparing the development levels of countries is based on the gross domestic product per capita, actual individual consumption indices per capita are accepted as a more appropriate indicator when comparing the relative welfare levels of consumers. Actual individual consumption includes services provided by the government or non-profit organizations (education, health, etc.) in addition to the goods and services purchased by consumers.
While the actual level of individual consumption per capita was 100 in 27 European Union (EU) countries, it was 72 for Turkey and was 28 percent below the EU average. Among the 37 countries included in the comparisons, the country with the highest actual individual consumption per capita was Luxembourg with 131, and the lowest country was Albania with 40.

Türkiye satın alma gücünde AB'nin çok gerisinde
Satınalma Gücü Paritesi’ne (SGP) göre Türkiye'nin kişi başına gayrisafi yurt içi hasıla (GSYH) endeks değeri 64 oldu. Bu rakam AB ortalamasının yüzde 36 gerisinde kaldı.www.cumhuriyet.com.tr
Although the same basket of goods and services purchased for 100 euros across EU countries can be purchased with 32 euros in Turkish lira (TL) in Turkey, Turkish people can't consume the basket.
No matter prices are more expensive in the EU , European citizens consume more good and service .
Note that index is calculated per Capita . they divided total quantity of service and goods by population country.
Considering income inequality in Turkey , numbers will be worse while EU has income equality.
