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The country’s system of pension funds has long been close to bankruptcy, but awareness of the urgency of the issue has increased over the past year. Nonetheless, proposed pension…
The government has posted the first fiscal surplus in years, inflation has declined and foreign currency reserves have risen from USD21.0bn in mid-December to USD28.5bn. However…
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DOI: 10.1108/OXAN-DB285892
ISSN: 2633-304X
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In the March 31 municipal elections, the main opposition Republican People’s Party (CHP), to which Imamoglu belongs, gained 37.8% of the vote nationally, beating the AKP in its…
However, its key provision -- an increase in the system’s defined contribution -- was rejected by the Lower House. The government will have to negotiate key parts of the bill…