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Turkey won't compromise budget discipline

Turkish Finance Minister Berat Albayrak said there would be no compromise in budget discipline in his programme to combat surging inflation due to be announced next week, the state-run Anadolu news agency reported on Sunday.

Earlier this week data showed Turkey's inflation soared to a 15-year high of nearly 25 percent in September, with prices jumping 6.3 percent from a month earlier.

The size of the increase far outpaced expectations and underscored the deep impact of a currency crisis on the economy and consumers, after the lira lost nearly 40 percent of its value this year.

Following the release of the inflation data on Wednesday, Albayrak said he would announce a programme as part of the government's "full-fledged" battle against rising consumer prices.

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Turkey won't compromise budget discipline

Turkish Finance Minister Berat Albayrak said there would be no compromise in budget discipline in his programme to combat surging inflation due to be announced next week, the state-run Anadolu news agency reported on Sunday.

Earlier this week data showed Turkey's inflation soared to a 15-year high of nearly 25 percent in September, with prices jumping 6.3 percent from a month earlier.

The size of the increase far outpaced expectations and underscored the deep impact of a currency crisis on the economy and consumers, after the lira lost nearly 40 percent of its value this year.

Following the release of the inflation data on Wednesday, Albayrak said he would announce a programme as part of the government's "full-fledged" battle against rising consumer prices.

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খেলাপি ঋণ, ব্যাংক, বাংলাদেশ ব্যাংক,

বাণিজ্যিক ব্যাংক থেকে সরকারের ঋণ নেওয়া বেড়েছে ৬০ শতাংশ

বাংলাদেশ ব্যাংক নতুন নোট ছাপিয়ে সরাসরি সরকারকে ঋণ দেওয়া  বন্ধ করে দেওয়ায় সরকারের আর্থিক চাহিদা মেটাতে বাণিজ্যিক ব্যাংকগুলোর কাছে যাওয়া ছাড়া বিকল্প নেই।

৫ ঘণ্টা আগে