In a bid to curb surging inflation and restore fiscal discipline, Türkish Finance Ministry unveiled an extensive savings plan aimed at reining in public spending. Vice President Cevdet Yılmaz and Treasury and Finance Minister Mehmet Şimşek announced a new “Public Savings Plan” on May 13 at a joint briefing. The savings plan comes as Türkiye
The World Bank has been on the agenda in Türkiye for two reasons nowadays. First, because it decided to provide Türkiye with US$ 18 billion in project financing for the period 2024-2028, and second, because of the news that half of this financing will be made available on the condition that Syrian refugees and LGBTQ+