Mehmet Şimşek

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

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…

3 weeks ago
İmamoğlu effect: Turkish Central Bank raised policy rate to 46 pctİmamoğlu effect: Turkish Central Bank raised policy rate to 46 pct

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…

2 months ago
A Şimşek style answer to İmamoğlu questions of foreign investorsA Şimşek style answer to İmamoğlu questions of foreign investors

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…

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

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…

9 months ago
Turkish banking regulator’s wedding gifts trigger investigationTurkish banking regulator’s wedding gifts trigger investigation

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…

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

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.…

9 months ago
Türkiye’s Finance Minister Şimşek: A de facto prime ministerTürkiye’s Finance Minister Şimşek: A de facto prime minister

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)…

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

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…

1 year ago
Türkiye announces major public spending cutsTürkiye announces major public spending cuts

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…

1 year ago
Erdoğan uses constitution debate as a smokescreen to obscure problemsErdoğan uses constitution debate as a smokescreen to obscure problems

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…

1 year ago