İnci GS Yuasa, a firm partnering with the Japanese, laid the foundation last week for a power supply factory in Manisa on Turkey’s Aegean coast. With this ceremony, we can say it is an “out of the common Japanese investment at these times.”
As we enter the last months of the year, which was expected to be difficult, the latest developments in domestic and foreign policies increase these complications more. Clearly, it is difficult to ensure stability in the economy at a time when nothing goes in its normal pace.
Is there anyone following the news in Turkey who is not worried about the country’s future and its economy in terms of income distribution?
We were expecting a high growth rate in Turkey’s GDP to boost morale and be promising for the future of the economy, but we cannot see these coming true.
When inflation dropped after six months to a single digit at the end of July, it created a festive joy.
After German Chancellor Angela Merkel said the customs union agreement would not be updated, almost every minister made statements last week saying Germany and the European Union were two separate things.
In recent days, we have often been hearing ministers say, “We’ll give importance to innovation and research and development in the upcoming period.” In fact, this was being discussed for a while now but not much of a progress has been made in these areas.
We have learnt that Prime Minister Binali Yıldırım will announce the “attraction centers” program, including new economic incentives, this week.
The government has recently been holding a series of meetings with foreign investors in a bid to recover Turkey’s deteriorated perception.
