Mehmet Şimşek

Pro-gov’t paper Yeni Şafak slams Turkish economy: an anti-Şimşek op

The front page of the Yeni Şafak newspaper on May 26 surprised those who saw it and was widely discussed…

6 months ago

İmamoğlu effect: Turkish Central Bank raised policy rate to 46 pct

With a surprise decision, the Central Bank (CBRT) Monetary Policy Committee (MPC) raised the policy rate by 350 basis points…

8 months ago

A Şimşek style answer to İmamoğlu questions of foreign investors

The İmamoğlu Crisis continues. Not only on the Turkish domestic political front, but also in terms of its effects on…

8 months ago

Türkiye’s BRICS Bid: Why is Erdoğan’s visit being kept under wraps?

I was at the National Day reception at the Chinese Embassy in Ankara when Foreign Ministry Spokesperson Öncü Keçeli made…

1 year ago

Turkish banking regulator’s wedding gifts trigger investigation

Turkish Banking Regulation and Supervision Agency (BDDK) Deputy Chairman Mustafa Aydın is under scrutiny for accepting substantial wedding gifts from…

1 year ago

Erdoğan’s economic gamble: Will tycoons feel the pinch too?

Turkish Vice President Cevdet Yılmaz unveiled the Medium Term Program (MTP), outlining Ankara's economic roadmap for the next three years.…

1 year ago

Türkiye’s Finance Minister Şimşek: A de facto prime minister

I have no intention of targeting Mehmet Şimşek, the Minister of Treasury and Finance. Ruling Justice and Development Party (AKP)…

2 years ago

Without CBRT intervention, USD/TL could be 27 Instead of 32

The Central Bank of Republic of Türkiye (CBRT) which sold foreign currency from its reserves to prevent the US dollar…

2 years ago

Türkiye announces major public spending cuts

In a bid to curb surging inflation and restore fiscal discipline, Türkish Finance Ministry unveiled an extensive savings plan aimed…

2 years ago

Erdoğan uses constitution debate as a smokescreen to obscure problems

President Tayyip Erdoğan is using the constitutional amendment as a smokescreen to obscure and distract attention from the major problems…

2 years ago