Mehmet Şimşek

Turkish tax compliance and digital audit intensification

7 clusters · 59 sources · last updated about 12 hours ago

Latest: Turkey Revenue Administration to launch AI-powered digital services

The Turkish Ministry of Treasury and Finance has significantly intensified its efforts to combat tax evasion and the unregistered economy through expanded audits and digital transformation. The Tax Inspection Board (VDK)

Turkey pension reform and retirement equity debate

22 clusters · 89 sources · last updated about 23 hours ago

Latest: Turkey prepares 2027 budget with focus on retiree welfare

The debate over Turkey’s pension system has escalated into a broader movement for economic reform and social justice. Following the Constitutional Court (AYM) Commission’s decision to admit an individual application rega

Turkey fuel prices: Tax restructuring and price divergence

68 clusters · 269 sources · last updated 1 day ago

Latest: Turkey fuel prices expected to rise due to tax adjustments

The Turkish fuel market has undergone significant restructuring following the official termination of the ‘eşel-mobil’ stabilization mechanism on October 1, 2026. This system had previously mitigated the impact of global

Turkey fund liquidation: Legislative and legal developments

38 clusters · 328 sources · last updated 1 day ago

Latest: Turkey to begin interim payments for liquidated investment funds on October 30

The Turkish investment fund crisis has entered an active recovery and legal enforcement phase. Following the mid-September 2026 market volatility, the Fund Coordination Board has advanced liquidation processes. Ziraat Ba

Turkey economic data shows mixed trade, inflation, and labor

29 clusters · 189 sources · last updated 1 day ago

Latest: Turkey reports 15.3% increase in September exports

Turkey’s economic landscape is defined by high inflation and a shifting labor market. While consumer-price inflation was 31.75% in July 2026, financial sector year-end forecasts have risen to 30.47%. Food prices have ris

Gold, currency, and Borsa İstanbul market volatility

12 clusters · 128 sources · last updated 1 day ago

Latest: Borsa Istanbul index shows volatility amid economic forecasts

Gold prices and currency exchange rates in Turkey maintained an upward trend through mid-October 2026. By October 13, gram gold prices fluctuated between approximately 6,643 TL and 6,755 TL, while quarter gold prices ran

Turkey minimum wage and salary projections amid inflation

38 clusters · 164 sources · last updated 2 days ago

Latest: Turkey labor market updates: Job openings and minimum wage discussions

The gap between Turkey’s minimum wage and the cost of living widened significantly through mid-2026. In July, the Turkish Confederation of Trade Unions (TÜRK-İŞ) reported the food poverty line for a four-person family in

Turkey expands e-Devlet services and digital tax oversight

19 clusters · 101 sources · last updated 3 days ago

Latest: Turkey implements new real estate payment and tax regulations

Following the 5 September 2026 expansion of tax oversight to digital economic activities, new measures have been implemented to target the unregistered economy and real estate sector. In Muğla, the Ministry of Finance in

Turkey household and personal debt continues to surge

29 clusters · 109 sources · last updated 3 days ago

Latest: Turkey personal debt reaches 7.4 trillion lira amid rising interest rates

By late 2026, Turkish personal debt reached a new peak of 7.428 trillion lira when including debts to asset management companies. This follows a mid-2026 record of 6.5 trillion lira. Since the start of 2026, individual l

YENİ Parti organizes first general congress

16 clusters · 140 sources · last updated 3 days ago

Latest: Yeni Parti announces first general congress for November 14-15

The YENİ Parti has officially scheduled its 1st Ordinary General Congress for November 14-15 at the Ankara Arena Sports Hall. This decision was reached via a unanimous vote during a Party Assembly meeting led by General

Turkish banking trends and TCMB policy rate cuts

19 clusters · 165 sources · last updated 3 days ago

Latest: Turkey banking sector reacts to Central Bank interest rate cut

Turkish financial institutions and business leaders continue to navigate shifting credit availability and interest rate environments. Following the Central Bank of the Republic of Türkiye (TCMB) decision to maintain its

Turkey Capital Markets Board regulatory updates

9 clusters · 91 sources · last updated 4 days ago

Latest: Turkey enacts law for investment fund liquidation and investor payouts

The Capital Markets Board (SPK) of Turkey continues to implement regulatory updates focused on market transparency, reporting, and accessibility. Following previous decisions regarding IPO prioritization and capital requ

Turkish entrepreneurship and investment ecosystem growth

5 clusters · 21 sources · last updated 4 days ago

Latest: GO! GLOBAL Türkiye Summit concludes in Istanbul

Turkey is expanding its support for startups and innovators through large-scale summits and increased government funding. Events such as the Growtech Antalya 2026 Startup Competition and the 3rd International Export and

Turkey trade expansion and manufacturing growth

105 clusters · 318 sources · last updated 5 days ago

Latest: Turkey reports diverse export growth in free zones and agricultural sectors

Since late May 2026, Turkey’s Ministry of Trade has utilized e-export programmes and AI-driven tools to diversify market access. By September 2026, Trade Minister Ömer Bolat announced that annualized exports reached $283

CHP criticism of Turkish economic policy

2 clusters · 5 sources · last updated 5 days ago

Latest: CHP MP Ömer Fethi Gürer criticizes 2027 budget proposal

The Republican People's Party (CHP) has intensified its criticism of Turkey’s economic management and fiscal policies. Initially, party officials targeted the Ministry of Treasury and Finance, with Deputy Chairman Müslüm

Turkey economic and military developments

2 clusters · 14 sources · last updated 5 days ago

Latest: Turkey ranks 9th in Global Firepower 2026 military strength index

Turkey has demonstrated advancements in both fiscal management and military standing. According to the International Monetary Fund (IMF), the country has achieved high rankings in fiscal transparency, placing it among th

Istanbul capital markets investigation expands

19 clusters · 202 sources · last updated 5 days ago

Latest: Turkey fund investigation leads to multiple high-profile arrests

The Istanbul Chief Public Prosecutor's Office investigation into capital market manipulation, money laundering, and terrorism financing has evolved into a major financial crisis. The probe, involving entities such as Pus

Turkey vehicle fleet growth and market trends

3 clusters · 7 sources · last updated 6 days ago

Latest: Turkish car rental sector invests 253 billion TL in first nine months of 2026

As of August 2026, the total number of vehicles registered in traffic in Turkey reached 34,911,879, marking a net increase of 1,300,493 vehicles since the beginning of the year. Automobiles represent the largest segment

Turkey advances COP31 preparations amid policy and finance]s

60 clusters · 189 sources · last updated 6 days ago

Latest: UN warns of emissions gap ahead of COP31 summit in Türkiye

As Turkey prepares to host the COP31 summit in Antalya (November 9–20, 2026), preparations have transitioned from academic engagement to formal diplomatic, technological, and financial frameworks. President Recep Tayyip

Verona Eurasian Economic Forum in Istanbul

2 clusters · 4 sources · last updated 6 days ago

Latest: Rosatom highlights global nuclear leadership at Eurasia Economic Forum

The 19th Verona Eurasian Economic Forum took place in Istanbul, Türkiye, on October 22–23, 2026. Under the theme ‘Challenges of a Changing World and a Changing Economy’, the event convened officials, diplomats, and busin

Turkey economic strategy and trade role

2 clusters · 5 sources · last updated 7 days ago

Latest: Mehmet Şimşek outlines Turkey’s economic goals and regional trade role

At the 19th Verona Eurasia Economic Forum in Istanbul, Treasury and Finance Minister Mehmet Şimşek detailed Turkey’s strategic positioning within global trade, energy, and logistics networks. He described the nation as a

Turkey 2026–2027 pension, wage, and budget outlook

83 clusters · 229 sources · last updated 11 days ago

Latest: Turkey: Legislative proposal to index minimum pensions to net minimum wage

As of late October 2026, focus remains on January 2027 salary and pension adjustments for millions of civil servants and retirees in Türkiye. While previous updates noted a potential gap between official inflation and pu

Turkish banking regulatory and TMSF interventions

2 clusters · 10 sources · last updated 15 days ago

Latest: BDDK President addresses İktisat Katılım Bankası license and TMSF transfers

The Turkish Banking Regulation and Supervision Agency (BDDK) and the Savings Deposit Insurance Fund (TMSF) have taken significant actions regarding several financial institutions. Following sanctions by the U.S. Treasu

Turkish investigation into Fatma Betül Sayan Kaya

9 clusters · 189 sources · last updated 16 days ago

Latest: İbrahim Ömer Gönül faces investigation for alleged market manipulation

The investigation into former Turkish Minister Fatma Betül Sayan Kaya and her husband, İlyas Kaya, has progressed following an audit by the Capital Markets Board (SPK). The SPK submitted findings to the Istanbul Chief Pu

Istanbul economic and tourism development

3 clusters · 10 sources · last updated 20 days ago

Latest: Istanbul drives economic growth through tourism and international finance forums

Istanbul is experiencing economic growth driven by tourism and international forums. In September 2026, the city hosted the fourth GlobeMeets B2B Networking Event, which brought together over 3,000 tourism professionals

Turkey labor reform and hybrid work regulation

5 clusters · 32 sources · last updated 20 days ago

Latest: Turkey discusses flexible working models and civil servant reforms

Turkish Treasury and Finance Minister Mehmet Şimşek has indicated that the government is considering labor reforms focused on flexible working models. These initiatives, part of the 2027-2029 Medium-Term Program, aim to

Turkey transport and logistics infrastructure development

17 clusters · 139 sources · last updated 21 days ago

Latest: Trabzon Airport expansion begins with sea reclamation and drilling

Turkey continues to expand and restructure its transport and logistics infrastructure, focusing on maritime cargo, rail networks, tunnel construction, and new privatization models for strategic assets. In the maritime se

Turkey economic policy and financial regulation

4 clusters · 15 sources · last updated 22 days ago

Latest: Mehmet Şimşek reaffirms commitment to disinflation and fiscal discipline

Turkish Treasury and Finance Minister Mehmet Şimşek has outlined the strategic roadmap for the 2027-2029 Medium Term Program, focusing on economic growth and financial integrity. Initial reports highlighted economic per

Turkish organized crime and fraud crackdowns

85 clusters · 222 sources · last updated 22 days ago

Latest: Istanbul nightclub owners indicted in drug investigation

In mid-September 2026, the Bakırköy Chief Public Prosecutor's Office in Istanbul launched investigations targeting individuals in the arts, sports, and social media sectors for facilitating drug use, blackmail, and priva

Turkish fund manipulation investigation

2 clusters · 26 sources · last updated 25 days ago

Latest: Turkey Justice Minister updates on fund and referee investigations

A financial scandal involving fund manipulation and unjust enrichment has prompted significant political and legal activity in Turkey. Initially, the ruling AKP declined to form a parliamentary research commission, argui