Yetkin Report

  • Türkçe
  • Politics
  • Economy
  • Life
  • Writers
  • Archive
  • Contact

‘Diseases of Turkey’s economy on corona days’

by YetkinReport / 14 April 2020, Tuesday / Published in Economy, Politics
“The recovery of the Turkish economy in the second half of 2019 and the beginning of 2020 was provided with extraordinary loan pumping of state banks.,” says Uğur Gürses. (Photo: Pixabay. )

Columnist Uğur Gürses has discussed in an article at Duvar English the state of the Turkish economy at the start of the Covid-19 outbreak.

“Turkey was caught with the coronavirus outbreak at a time when it was weak structurally. Just like in the Covid-19 epidemic, the underlying disease story is the story of those problems in economy which were ‘swept under the carpet’ for a long time,” he said.

“In 2019, because of local elections, economy speeded up, later the loss of two major big city municipalities has pushed the government to “easy and practical daily” paths instead of structural solutions. They started with seizing the Central Bank resources.”

Gürses argued that “it does not seem possible to overcome the epidemic with the least damage from its economic consequences without forming a joint approach with all the segments of the society domestically and the international community.”

Please click here to read the full article.

Yeni yazılardan haberdar olun! Lütfen aboneliğinizi güncelleyin.

İstenmeyen posta göndermiyoruz! Daha fazla bilgi için gizlilik politikamızı okuyun.

Aboneliğinizi onaylamak için gelen veya istenmeyen posta kutunuzu kontrol edin.

What you can read next

Ankara: “F-35s possible despite S-400s” as NATO balance shifts
Turkish combat jet project TFX and its challenges
Would the Fed establish a swap line with Turkey?
  • After İmamoğlu, Turkish opposition leader Özel faces prison threat, too3 July 2025
  • Overcoming semantics in Cyprus, establishing functionality3 July 2025
  • Can Ankara convince Hamas to a ceasefire and disarmament?1 July 2025
  • Erdogan with Trump after five years: why can they get along better now?26 June 2025
  • The Story of Iranian Women: The Resistance Never Stopped26 June 2025
  • Why did Türkiye not condemn the U.S. strike on Iran? What is going on?23 June 2025
  • What the U.S. strike on Iran might unleash — from the Gulf to Ankara23 June 2025
  • Turkish Defense Ministry on high alert against migration risk from Iran18 June 2025
  • Five Lessons from Israel’s strike on Iran, one is about Türkiye14 June 2025
  • Ankara watched Israel’s Iran attack: 200 jets in 6 waves, local support13 June 2025
Search the news archive...

Politics

Economy

Life

Writers

Archive

Türkçe

About

Impressum

FAQ

Advertising

Contact

Made with ♥ by tbtcreative.com © 2022 yetkinreport.com All rights reserved.

Yetkin Report     ·      Help     ·      User Agreement     ·      Legal

TOP