PKK Dividend

Economy Issue #52

Welcome back! Turkey’s contradictions never cease to astound – where public toilets can demand 100 TL (up from 1 TL not so long ago) and a phone for 87,553 TL ($2,300) – half of which is tax.

Yet amidst the financial vertigo, you may just find yourself soaring from Galata to Üsküdar in a Turkish-made flying car by 2026. If you thought traffic was intense on the ground, hold on to your hats, folks!

In this week’s edition:

1. Markets rise on PKK dissolution

2. EBRD downgrades Turkey forecast

3. Data reveals distrust and billionaires

4. Business news in changing climate

5. FDI: Cash flow monitor

6. This week’s stat round-up

Finance Min. Mehmet Şimşek on the EBRD panel in London © X

A ‘Terror-free’ economy, with a side of bonds