Official Gazette

Turkish gov't to build 39 new military security posts, mostly in southeast

A cabinet decision designating locations for 39 new fortified military installations has gone into force, with a majority of new security posts to be built in southeastern Turkey, which is currently scene to violent clashes between the security forces and outlawed Kurdistan Workers' Party (PKK) militants.

Turkish military personnel to get regulation for time off for Friday prayers

The Turkish Chief of General Staff has announced that necessary measures will be taken to ensure time off for Friday prayers for military personnel.

The Chief of Staff has issued a circular to related institutions in line with a recent legal change allowing public servants to attend Friday prayers without interrupting office hours.

Turkey's national income per capita to decrease below $10,000

Turkey's national income per capita has been forecasted to decrease below $10,000 for the next two years, projected to lower to $9,286 in 2015 and $9,364 in 2016 on the dollar-basis rather than purchasing power in the government's new medium-term economic program. 

The national income per capita was $10,390 in 2014. 

Turkey approves founding deal of China-led Asian bank

Turkey has ratified the establishment agreement of the Asian Infrastructure Investment Bank (AIIB), which was signed in June 2015. 

According to a regulation, revealed in the Official Gazette on Jan. 12, Turkey will not pay more than $2.6 billion as the capital contribution to the bank. 

The Turkish cabinet has also been authorized to increase this amount by up to five times. 

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