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Mustafa Sonmez

Mustafa Sonmez

Al Monitor

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Can Turkey’s economic czar stick to belt-tightening after election loss?

ISTANBUL — Turkish President Recep Tayyip Erdogan and economy czar Mehmet Simsek vowed earlier this month to continue efforts to tackle sticky...

13.04.2024 10

Al Monitor

Mustafa Sonmez

How Turkey's economic, inflation policy hinges on upcoming local elections

ISTANBUL — Turkey’s March 31 local polls are likely to mark a junction in Ankara’s economic policy, but which way it goes will depend largely on...

23.03.2024 9

Al Monitor

Mustafa Sonmez

With $104 billion in damages, Turkey’s earthquake region sees slow recovery

ISTANBUL — As Turkey marks the first anniversary on Feb. 6 of last year's massive earthquake, hundreds of thousands of survivors still struggle to...

07.02.2024 40

Al Monitor

Mustafa Sonmez

What awaits Turkey's economy as its foreign exchange woes ease?

A combination of factors helped Turkey ease its foreign-currency woes during the summer, but the problem could resurge in the coming months as Ankara...

18.11.2023 10

Al Monitor

Mustafa Sonmez

Turkey’s central bank mulls giant interest rate hike up to 10% to fight inflation

ISTANBUL — Turkey’s central bank is considering a mammoth rate hike of up to 10 percentage points next week to step up the fight against a sticky...

16.09.2023 10

Al Monitor

Mustafa Sonmez

Can Turkey’s new economic plan restore foreign investor confidence?

ISTANBUL — Turkey’s government has unveiled a new economic program to bring inflation down to single digits by 2026, but questions linger on...

09.09.2023 6

Al Monitor

Mustafa Sonmez

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