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It was a bid to stabilise the lira. Bank deposit and credit rates have already risen sharply, and credit growth has virtually halted. As Turkey’s economic crisis takes hold, the…
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DOI: 10.1108/OXAN-DB238519
ISSN: 2633-304X
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Erdogan spoke with pride of imposing additional customs duties to protect domestic industries, cheapening credit and launching a national car project. Economic policies are…
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DOI: 10.1108/OXAN-DB254266
ISSN: 2633-304X
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The lira’s collapse has only fortified President Recep Tayyip Erdogan’s adherence to unorthodox low-interest-rate policies. Rather than changing course, Erdogan has publicly…
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DOI: 10.1108/OXAN-DB266151
ISSN: 2633-304X
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The draft foresees a central administration budget deficit of 80.6 billion lira (14.3 billion dollars) or 1.8% of GDP. Maintaining fiscal discipline would bolster international…
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DOI: 10.1108/OXAN-DB239337
ISSN: 2633-304X
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Iranian officials appear to have been caught off guard by the collapse in oil prices. The draft budget for the fiscal year 2015-16 (March-March) was presented to the legislature…
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DOI: 10.1108/OXAN-DB197101
ISSN: 2633-304X
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Moves to shore up the PPP infrastructure programme.
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DOI: 10.1108/OXAN-DB218127
ISSN: 2633-304X
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The impact of last month's coup attempt on economic activity.
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DOI: 10.1108/OXAN-DB212978
ISSN: 2633-304X
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Prospects for Turkey in 2017.
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DOI: 10.1108/OXAN-DB215974
ISSN: 2633-304X
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Prospects for Turkey to end-2017.
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DOI: 10.1108/OXAN-DB221613
ISSN: 2633-304X
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Promised extra food rations have yet to appear, deepening economic pressure on households. Last year’s twin shocks of the pandemic and oil-price collapse contributed to a fiscal…