September 21, 2023
Turkey's central bank raised the discount rate to 30% from the previous 25%
"The Monetary Policy Committee of the Central Bank of Turkey raised the discount rate - the one-week auction repo rate - by 500 basis points to 30%," the Turkish central bank said in a statement. Experts had predicted a more cautious increase.
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September 21, 2023
Russian billionaire Roman Abramovich has bought a luxurious mansion on the shore of the Bosphorus Strait in Istanbul
The cost of the mansion is estimated at 18 million dollars. It is located in the district of Uskudar on the shore of the Bosphorus Strait. On a plot of 9600 m2 there are buildings of 2000 m2. Now the mansion is undergoing repair work. It is known that Abramovich has already received permission to build a helipad.
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September 20, 2023
An illegal realtor in Ankara was fined 349,000 liras
The Ministry of Commerce has tightened inspections in the fight against price speculation in the housing sector. Recently, a fine of 349,000 liras was imposed on an illegal realtor who advertised an apartment with a market value of 2.1 to 2.3 million liras for a price of 3.87 million liras in Mamak, Ankara. The fine, was a precedent-setting decision against realtors distorting the market with high prices. Apparently, this time the government has really started to fight against "realtors" working without licenses, certificates and work permits.
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September 20, 2023
Turkish Parliament will consider a preferential mortgage lending program for citizens
It is expected that in October 2023, the Turkish Parliament will introduce a preferential mortgage lending program, under which citizens who are first-time buyers of real estate will be able to get a preferential loan for 180 months at 1.2% per annum.
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September 20, 2023
In January 2024, the minimum wage of a civil servant in Turkey will increase from 22017 liras to 33,000 liras
Minister of Labor and Social Security Vedat Yışıhan, speaking to reporters in Ankara, announced the increase in civil servants' salaries and pensions and other regulations.
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September 20, 2023
Sand lilies have bloomed on the beach in Erdemli
Sand lilies have bloomed on the beach of Alata Horticultural Research Institute in Erdemli district of Mersin. Nature conservation and national parks teams carried out the flower care work. Mevl t Çetin, head of the Erdemli General Directorate of Nature Protection and National Parks, told reporters that sand lilies are endangered. Emphasizing that sand lilies should not be plucked, Çetin reminded of the amount of fine for plucking the flower, "We will impose a fine of 244,315 liras on those who pluck and destroy sand lilies. I hope that citizens will be attentive to the protection of sand lilies."
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September 20, 2023
Free sports clubs for children in Erdemli district of Mersin city
Erdemli Municipality has announced the start of enrollment in sports classes for the new school year. Classes are available for children 7-15 years old in the following areas: soccer, volleyball, archery, tennis, wrestling, gymnastics, swimming, etc.
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September 19, 2023
It turns out that Izmir municipality has a department for LGBT representatives
This was revealed by Izmir Mayor Tun Soyer in a video interview. Tun Soyer said that LGBT representatives can address their problems to the Equality and Justice Department recently established at the city municipality.
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September 19, 2023
A new logistics center is being built in Mersin
In May 2023, the Municipality of Mersin started the implementation of a logistics center project in Nakarli neighborhood of Akdeniz district. The project aims to meet the needs of freight forwarding companies. With the completion of the project, transportation and environmental problems in the city will be eliminated and logistics processes will be managed from a single center.
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September 19, 2023
The white fig harvest season is coming to an end in Mersin
This year's harvest of white figs, which farmers harvest in Mut district of Mersin, amounted to about 30,000 tons. The farmers harvest figs on a plot of 8,000 hectares and sell them for 55 liras per kilogram. The white figs produced in this district are appreciated for their special color, aroma and taste. Mut district produces many fruits, including apricots, plums, olives and figs, and sells them both domestically and abroad. The estimated price of dried figs this year will be 250 liras per kilogram.
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September 18, 2023
Recep Tayyip Erdogan meets with Ilon Musk
President Recep Tayyip Erdoğan, who is in New York to attend the 78th session of the United Nations (UN) General Assembly, received Tesla and SpaceX Chief Executive Officer (CEO) Ilon Musk at the Turkevi Center (Turkey's Consulate General and Mission building in Manhattan). The President invited Tesla to establish its seventh plant in Turkey.
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September 18, 2023
Reality 2024: construction costs will double in Turkey
The normative construction prices per square meter of buildings to be applied by the Ministry of Finance in 2024 have been officially announced. The Ministry of Finance and the Ministry of Environment and Urbanization have determined the normative construction prices per square meter of buildings to be applied in 2024 as the basis for property tax. The 2024 construction prices are published in Official Gazette No. 31934.
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