Türkiye’s Medium-Term Program (MPP), which presents the 3-year roadmap of the economy, has been announced. The government, which announced its main macroeconomic targets such as inflation, employment and growth for the period 2024-2026, lowered its growth expectations compared to the previous period and raised its inflation forecast.
During the seventh term Public Collective Agreement negotiations involving approximately 4 million civil servants and 2.5 million civil servant retirees, no compromise was reached between the Public Employer Delegation and the Civil Servant Union on the rate of increase. (News agencies)
President Recep Tayyip Erdoğan, regarding the economic policies discussed after Treasury and Finance Minister Mehmet Şimşek’s statement “We will return to the rational ground”, said, “We accepted that our Minister of Treasury and Finance is taking his steps with the Central Bank quickly and easily. We declared our determination to reduce inflation to single digits. […]
The talk about usury (riba) and usurious dealings in Yemeni banks has returned to the pages of Al-Thawra Newspaper again, as it stated in its issue 21278 issued on Tuesday, 1 Sha’ban 1444 AH corresponding to 02/21/2023: “Based on faith and national responsibility, there is great tendency in Yemen at the level of the revolutionary […]
It was never unexpected that the House of Representatives, with a rate of 75% of the attendees, would approve the general budget law for the fiscal year 2023, despite the harsh criticism of the bill during the 3-day debate sessions due to the financial deficit, the high riba (usury) of public debt, and the absence […]
Extreme poverty, disguised unemployment, political and economic chaos, outrageous wealth for a few at the expense of the majority of people, an unprecedented drop in the value of the pound against foreign currencies, eating up people’s savings, a strong decline in the standard of living, a steady increase in public debt, an unprecedented rise in […]
Headlines: * The World Economy Faces a Huge Stress Test in 2023 * British Families are Eating PET FOOD * Pakistan Economic Crisis Forces Malls and Markets to Close Early The World Economy Faces a Huge Stress Test in 2023 The fact that the world did not experience a systemic financial crisis in 2022 is […]
Since the fall of Baghdad in the hands of the American occupation on April 9, 2003, and until now, it is still the de facto ruler of the country. It drew the political map of the country, set broad outlines, imposed its political system and ominous constitution, and even intervened in the minute details, as […]
On November 24, 2022, the BBC reported on the devastating food shortages that plague Afghanistan. The crisis is such that Abdul Wahab, a village father, is quoted as saying, “Our children keep crying, and they don’t sleep. We have no food. So we go to the pharmacy, get tablets and give them to our children, […]
Nureddin Nebati, Minister of Treasury and Finance, who made an opening speech at the “Economic Transformation and New Paradigms Summit” hosted by the Ministry of Treasury and Finance, presented statements regarding the economy. Minister Nebati interpreted the economy by using eccentrical loanwords and used these statements: “The heterodox approach, which represents an epistemological break from […]
The Pakistan government is currently negotiating a deal with the International Monetary Fund (IMF) to secure a bailout which it argues is needed to keep its economy afloat. Officials are in talks with the financial institution to unlock the remaining $3 billion from a $6 billion loan programme which the Imran Khan led government agreed […]
Question: The Egyptian market is witnessing a significant rise in prices, and the Central Bank devalued the pound. The state announced its intention to hold a national dialogue with all parties, and released three thousand prisoners. What is the reality and causes of this economic crisis in Egypt?
Prior to his first face-to-face meeting with US President Biden, President Erdoğan held a meeting with the executives of US large companies. Reuters news agency reported that the top executives of about 20 companies, including Boeing, Amazon, Microsoft, Kellogg, PepsiCo, Cisco, Procter & Gamble and Johnson & Johnson, participated in the meeting. (DW)
