Mehmet

Türkiye's central bank chief Hafize Gaye Erkan said on Feb. 2 that she was resigning after less than a year on the job.

The economic program the government is implementing is working and yielding results, Treasury and Finance Minister Mehmet Şimşek has said, noting that the monthly inflation is declining.

Türkiye's tourism revenues increased by 16.9 percent last year compared to 2022 to $54.3 billion, while foreign tourist arrivals rose more than 10 percent to 49.2 million, separate official data showed on Jan. 31.

Tourism revenues remained below the target of $55.6 billion, Treasury and Finance Minister Mehmet Şimşek commented.

Treasury and Finance Minister Mehmet Şimşek announced that the first phase of the reform of state-owned enterprises (SOEs) based on transparency and in line with austerity measures has been completed.

Şimşek, who recently highlighted the need for savings in the public sector in his speech to governors, has provided important information on the need to reform SOEs.

The National Library in İzmir has been serving readers for 112 years with a collection of over 1.7 million books.

Looking for their dose of adrenaline, parachute enthusiasts have taken to Pamukkale, a tourism hotspot in the Aegean province of Denizli known for its white travertines, and jumped from hot air balloons.

Finance Minister Mehmet Şimşek and Central Bank Governor Hafize Gaye Erkan are scheduled to travel to the United States later this week to meet investors.

As part of the "Investor Day" event to be held on Jan. 11, Erkan will make a presentation to foreign investors on monetary policy and inflation.

Inflation is high but is moving in line with the economic program, Treasury and Finance Minister Mehmet Şimşek has said, adding that under the current expectations, the decline in inflation will continue.

Türkiye's annual consumer price inflation rate quickened from 61.98 percent in November to 64.77 percent in December, the data from the Turkish Statistical Institute (TÜİK) showed on Jan. 3.

This was slightly below the Central Bank's revised forecast of 65 percent for the end of 2023.

Treasury and Finance Minister Mehmet Şimşek has said in a New Year's message that the positive results of the government's economic program will be achieved in 2024.