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Türkiye’s Treasury and Finance Minister Mehmet Şimşek announced that the country has secured more than $7 billion in external financing from international organizations in 2025, signaling robust global confidence in Türkiye’s economic strategy.
In a post on X, Minister Şimşek emphasized the significance of this milestone: “The trust in our economic program is driving an increase in long-term, cost-effective financing from international partners. By 2025, we have secured $7 billion to support our development objectives, aligning with Türkiye’s sustainable growth vision.”
A notable portion of these funds includes a $748 million agreement with the World Bank, dedicated to modernizing and upgrading Türkiye’s electricity infrastructure. This project underscores Türkiye’s commitment to sustainable development and energy innovation, reinforcing the credibility of its economic policies on the global stage.
The financing will support critical projects in infrastructure, energy, and green transition initiatives, aligning with Türkiye’s Medium-Term Economic Programme and its ambitious 2053 sustainable development goals. According to ministry officials, these investments are pivotal to fostering economic resilience and advancing the nation’s long-term prosperity.
The Treasury and Finance Ministry is actively pursuing further negotiations with international financial institutions to secure additional low-cost, long-term funding for strategic investments. These efforts are expected to bolster Türkiye’s position as a hub for sustainable development and economic growth. (ILKHA)
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Industrial production in Türkiye declined by 2.1 percent year-on-year in December 2025, according to data released on Tuesday by the Turkish Statistical Institute (TurkStat).
Construction costs in Türkiye continued to climb sharply in December 2025, with the overall Construction Cost Index (CCI) rising 24.50% year-on-year and 1.17% month-on-month, according to data released Tuesday by the Turkish Statistical Institute (TurkStat).
The European Central Bank (ECB) has decided to keep its three key interest rates unchanged, reaffirming its confidence that inflation will stabilise at the 2% target over the medium term despite persistent global uncertainties.
Treasury and Finance Minister Mehmet Şimşek said food prices and seasonal factors played a key role in pushing up Türkiye’s monthly inflation figure in January, while stressing that these effects are not expected to derail the broader disinflation trend.
