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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 7

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 4

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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