Turkey Wealth Fund

Turkey will overcome the coronavirus outbreak in two to three weeks through good measures and with as little damage as possible, President Recep Tayyip Erdoğan said on March 25.

In a televised address to the nation, Erdoğan said Turkey was prepared for every scenario on the outbreak and urged Turkish nationals to show patience, understanding and support.

A "Turkish House" has been set up at the venue of the World Economic Forum (WEF) in Davos, Switzerland in a bid to promote investment opportunities in Turkey.

It was launched under the guidance of the Treasury and Finance Ministry in coordination with the Banks Association of Turkey.

Turkey and the U.S. are determined to reach a $100 billion bilateral trade volume, said Turkish Treasury and Finance Minister Berat Albayrak on Sept. 9.

The state-owned Ziraat Bank has provided a total of 1.9 billion Turkish Liras (around $346n million) of financing to farmers under the "greenhouse farming loan package" that was launched in February by Treasury and Finance Minister Berat Albayrak.

Three state-owned banks, namely Ziraat, Halkbank and Vakıfbank, have provided a total of 1.7 billion Turkish Liras worth of loans to 11,500 local firms under the financing package named "İVME" (advanced, productive, indigenous, industry) as of end-July.

Turkish Finance Minister Berat Albayrak held talks with US President Donald Trump on Monday and he said Trump took a "reasonable" stance regarding Turkey's planned purchase of a Russian air defense missile system, Turkish media reported.

Turkish Finance Minister Berat Albayrak held talks with US President Donald Trump on Monday and he said Trump took a "reasonable" stance regarding Turkey's planned purchase of a Russian air defense missile system, Turkish media reported.

The Russian Direct Investment Fund (RDIF), Russia's sovereign wealth fund, and Turkey Wealth Fund (TWF) announced the creation and launch of the Russia-Turkey Investment Fund during Turkish President Recep Tayyip Erdoğan's visit to Moscow on April 8.

Turkey will see single-digit inflation by this September thanks to structural measures by the government, Treasury and Finance Minister Berat Albayrak said on March 19.

The Turkish economy performed well in February in providing financial support to struggling companies, Turkish Treasury and Finance Minister Berat Albayrak has said.