International Finance

Tag : Recep Tayyip Erdogan

Economy

‘Bill for Turkey coup attempt is $100 billion’

Minister says rebels made Turkey look like a Third World country IFM Correspondent August 3, 2016: The bid to overthrow the government of President Recep Tayyip Erdogan proved very costly for Turkey. According to Bulent Tufenkci, customs and trade minister, the attempt came at of cost of $100 billion (300 billion liras) to the economy....
Islamic Banking

Turkey to expand the use of Islamic bonds

Turkish government is working on new regulations to allow wider use of a range of sukuk debt. Pushing to expand the use of Islamic bonds to diversify the country’s financing sources, the Turkish government is working on new regulations to allow wider use of a range of sukuk debt. The Turkish treasury currently only issue...