content tagged with şahap kavcıoğlu

Different inflation forecasts by Turkey’s Central Bank Governor, Finance Minister

Different inflation forecasts by Turkey’s Central Bank Governor, Finance Minister

While Central Bank Governor Kavcıoğlu, in a press briefing on January 27, announced the 2022 year-end inflation forecast as 23.2 percent, Minister of Treasury and Finance Nebati said a day before: “Inflation will be around 40 percent for some time.”

28 January 2022

Turkey’s Central Bank revises up year-end inflation forecast to 23.2 percent

Turkey’s Central Bank revises up year-end inflation forecast to 23.2 percent

According to the Turkish Statistical Institute (TurkStat), Turkey’s annual inflation rate was 36.08 percent in December 2021. The Inflation Research Group (ENAG), on the other hand, estimated the same rate as 82.81 percent.

27 January 2022

Lira hits record low as Erdoğan sacks two Central Bank deputy governors

Lira hits record low as Erdoğan sacks two Central Bank deputy governors

The dismissals came after the president's meeting with the Central Bank governor. The US dollar hit an all-time high against the Turkish lira.

14 October 2021

‘We will keep interest rate above inflation,’ says Central Bank Governor

‘We will keep interest rate above inflation,’ says Central Bank Governor

Turkey’s Central Bank Governor Kavcıoğlu has said that the bank will continue to set the policy rate at a level above inflation, preserving the strong disinflationary effect, until there are strong indicators that point to a permanent fall in inflation.

Erdoğan replaces Central Bank governor following interest rate hike

Erdoğan replaces Central Bank governor following interest rate hike

Stepping back from the lower interest rate policy, Ağbal has been dismissed only four-and-a-half months after his appointment.

AKP’s Kavcıoğlu: My Words About Right to Live Twisted by Press

AKP’s Kavcıoğlu: My Words About Right to Live Twisted by Press

Concerning his statement that “No academic, politician or journalists who signed this petition would be granted right to live by any country, leave alone sending them to prison” addressing the Peace Declaration signatory academics, AKP’s Kavcıoğlu has said his words were twisted.

15 November 2017

AKP MP: These Academics Wouldn’t Be Granted Even Right to Live

AKP MP: These Academics Wouldn’t Be Granted Even Right to Live

Referring the academics who signed the peace declaration, AKP’s Kavcıoğlu has said, “No academic, politician or journalists who signed this petition would be granted right to live by any country, leave alone sending them to prison”.

14 November 2017