Mergers and Transfers in Energy Industry

Company News General

9/7/2021

Key decisions by the Competition Authority...

The Medium Term Program (OVP) for the Period of 2022-2024 Has Been Released (I)

Macro Indicators Development Plans & Goverment Programs

9/6/2021

The Turkish economy is foreseen to grow by 5.3 percent per annum on the average in the 3-year period. The growth rate is targeted to be 9 percent in 2021, 5 percent in 2022 and 5.5 percent in 2023 and 2024. The implementation of inflation targeting will be continued to safeguard price stability on a permanent basis. Monetary policy instruments will be employed by the Central Bank by observing price stability targets depending on the outlook of inflation rates. The annual inflation rate expected to be 16.2 percent in 2021 is targeted to be reduced to 7.6 percent at the end of the program period. The unemployment rate estimated to be 12.6 percent in 2021 is aimed to be reduced to 10.9 percent in 2024. The current account deficit having reached $ 37.2 billion in 2020 is targeted to come down to $ 21 billion in 2021 to be further reduced to $ 10 billion in 2024… The process of attracting international investments will be devised also considering the targets and actions as stated in the Green Deal Action Plan…

The Annual Inflation Rate Reached 19.25 Percent in August

Macro Indicators

9/3/2021

The highest annual increase of 29% occurred in the food and non-alcoholic beverages group with a monthly increase of 3.18%... The DPPI increased by 45.52% on an annual basis – Annual increases DPPI in the manufacturing sector are recorded as 45.37%, as 48.39% in electricity and gas production and distribution and as 59.39% in energy…

JP Morgan and Goldman Sachs Raised Growth Estimations for Turkey

Reports Abroad Macro Indicators

9/2/2021

JP Morgan raised growth estimation to 8.4% from 6.8%, Goldman Sachs raised growth estimation to 9.5% from 7.5%... Moody's: "Turkish Economy to Grow by 6 Percent in 2021"