Nureddin Nebati

Tourism revenues may exceed $35 billion target this year: Minister

Turkey's tourism revenues may exceed the $35 billion target set for this year, Treasury and Finance Minister Nureddin Nebati has said.

Hotel occupancy rate is around 68 percent in April and is likely to increase to 92 percent in May, Nebati told reporters following a cabinet meeting in Ankara on April 25.

Gov’t to monitor price movements instantly

The government will be able to oversee price moves instantly with a new digital system, according to a decision taken at the Economy Coordination Board meeting on April 13.

The recent development in the global supply chains and the effects of rising commodity prices on the inflation rates were evaluated at the meeting chaired by Vice President Fuat Oktay, according to a statement.

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