content tagged with Lutfî Elvan

Erdoğan replaces finance minister amid currency crisis

Erdoğan replaces finance minister amid currency crisis

The president had implicitly criticized Lütfi Elvan for opposing his lower interest rate policy, which led the Turkish lira to lose 29 percent in value in a month.

2 December 2021

Finance minister: High inflation is a problem not only in Turkey, but in the world

Finance minister: High inflation is a problem not only in Turkey, but in the world

Minister of Treasury and Finance Lütfi Elvan says that they are aware of the fluctuations in the financial markets and exchange rates, attributing the increasing inflation rates in Turkey to global effects.

12 November 2021

HDP asks about allegations concerning Ziraat Bank in Germany

HDP asks about allegations concerning Ziraat Bank in Germany

In a Parliamentary question to Minister of Treasury and Finance Elvan, HDP MP Paylan has asked if there is an investigation into the allegations that the money collected with high interest rates at state-owned Ziraat Bank in Germany was transferred to Turkey.

1 September 2021

Number of people indebted to banks increased by a million in a month

Number of people indebted to banks increased by a million in a month

The number of people who are indebted to banks was more than 35 million as of March, according to the ministry of finance.

Unable to pay their credit debt, 1.5 million people on banks' blacklists

MINISTER OF FINANCE ANSWERS

Unable to pay their credit debt, 1.5 million people on banks' blacklists

Answering the Parliamentary question of main opposition CHP MP Gürer, Minister of Treasury and Finance Lütfi Elvan has announced that 1,552,122 personal loan customers are on debt follow-up by banks in Turkey.

‘Turkey to implement Economic Reform Action Plan until March 2023’

FINANCE MINISTER

‘Turkey to implement Economic Reform Action Plan until March 2023’

Treasury and Finance Minister Lütfi Elvan has unveiled Turkey’s Economic Reform Action Plan, which contains measures under 10 main titles.

Erdoğan names former cabinet member Lütfi Elvan as new finance minister

Erdoğan names former cabinet member Lütfi Elvan as new finance minister

Elvan served as the minister of transportation, maritime and infrastructure between and the minister of development between 2013 and 2018.

10 November 2020