The Treasury and Finance Ministry said Monday that the quota application measure, which has been in force since August last year and limits the imports…
Posts tagged as “current account balance”
Türkiye registered a smaller-than-expected current account deficit in February, according to official data on Wednesday, although it marked the highest monthly gap in seven months.…
Türkiye seeks to reduce its current account deficit to below 2.5% of the national income this year and help accumulate reserves, the country’s economy chief…
Türkiye’s foreign trade deficit narrowed by almost 50% in February, as exports grew and imports fell, official data showed Friday. The shortfall fell by 44.2%…
Trade Minister Ömer Bolat on Wednesday hailed the fact that Türkiye managed to exceed the $100 billion mark in services exports for the first time…
Türkiye ended 2023 with a lower-than-expected current account deficit of nearly $2.1 billion (TL 64.52 billion) in December, according to official data on Tuesday that…
Türkiye’s current account balance registered a surplus for the second consecutive month in October, official data showed Monday. The balance posted a surplus of $186…
Türkiye should swiftly minimize its external dependency, particularly on energy, to address the chronic current account deficit problem, a senior official said Tuesday. The shortfall…
A senior government official Saturday said the robust trend in foreign arrivals and tourism revenues would help curb Türkiye’s chronic current account deficit, a day…
Türkiye is planning to impose a quota on the imports of unprocessed gold as it seeks to curb the negative impact of such imports on…