content tagged with cevdet yılmaz

FX-protected lira deposit scheme to be phased out gradually

FX-protected lira deposit scheme to be phased out gradually

It is necessary to leave the FX-protected deposits gradually, instead of a sudden suspension, argued Vice President Cevdet Yılmaz.

Minimum wage negotiations to begin amidst lira depreciation

Minimum wage negotiations to begin amidst lira depreciation

The Minimum Wage Determination Committee's decisions will significantly impact minimum wage and related compensations like unemployment benefits, disability allowances, and internship allowances.

Exchange Rate Statement by AKP: Fluctuations Will End Sooner or Later

Exchange Rate Statement by AKP: Fluctuations Will End Sooner or Later

Vice Chair of the AKP Cevdet Yılmaz has referred to the recent exchange rate movements as “fluctuations that cannot be explained on economic grounds” and stated that these fluctuations will end sooner or later.