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Mehmet Şimşek is a Turkish politician and economist who has served as Treasury and Finance Minister since June 4, 2023. He served as Deputy Prime Minister of Türkiye from 2015-2018, and as Finance Minister from 2009-2015. As a member of the AK Party, he was elected as a member of parliament for Gaziantep and Batman.

About

  • 25 stories
  • 15 days
  • 56 sources

11 sources/story

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Related news 25 stories

Şimşek: Defence budget to rise 229% in 2027

Treasury and Finance Minister Mehmet Şimşek said defence spending would be increased by 229% in the 2027 budget.

2
Source spectrum StateConservativeIndependentIndep.OppositionOpp.Foreign

Economy

Inspection Board assigned over probe request into İbrahim Ömer Gönül

The Istanbul Chief Public Prosecutor's Office applied to the Turkish Treasury and Finance Ministry for permission to investigate former Capital Markets Board (SPK) Chair İbrahim Ömer Gönül. Treasury and Finance Minister Mehmet Şimşek had assigned the Inspection Board for a preliminary review on Friday upon the request.

Economy

Annualized exports rise to $283.7 billion

Vice President Cevdet Yılmaz announced that annualized exports had risen to $283.7 billion. September exports announced by Trade Minister Ömer Bolat reached $26 billion, up 15.4%.

Economy

Şimşek: troubled portfolio managers and funds quarantined

Turkish Treasury and Finance Minister Mehmet Şimşek said troubled portfolio management companies and related funds had been quarantined, and a liquidation and resolution process had begun.

2
Source spectrum StateConservativeIndependentIndep.OppositionOpp.Foreign

Economy

Erdoğan meets economic team over fund investigation

President Recep Tayyip Erdoğan met in Ankara with the economic team and managers of relevant institutions over developments in the fund investigation. The meeting assessed steps regarding the functioning of capital markets.

Economy

Central Bank expands foreign exchange conversion support

The Central Bank (TCMB) introduced a 10% foreign exchange position requirement for the foreign exchange conversion support starting on 1 October. Treasury and Finance Minister Mehmet Şimşek said firms contributing to exports through production and supply will have easier access to the support.

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Source spectrum StateConservativeIndependentIndep.OppositionOpp.Foreign
+2: Gazete Oksijen and Ekonomim +3: Diken, Gazete Oksijen and Ekonomim

Economy

Mehmet Şimşek: No action against clean players in fund crisis

Treasury and Finance Minister Mehmet Şimşek announced that no action will be taken against individuals and companies not involved in market-disruptive transactions. He said the legitimate rights of fund investors were being protected in coordination with the Justice Ministry.

Economy

Netflix clarifies 10 billion lira investment plan for Türkiye

Netflix's executive in charge of global relations said at the 19th Türkiye Investment Conference in New York that the company had finalized its 10 billion lira investment plan for Türkiye. Its location and scope have not yet been announced.

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Source spectrum StateConservativeIndependentIndep.OppositionOpp.Foreign

Economy

Şimşek denies resignation claims, communications directorate starts legal process

Treasury and Finance Minister Mehmet Şimşek said the resignation claims were baseless. The Presidency's Directorate of Communications Disinformation Combat Center announced that a judicial process is being carried out against those who spread these claims.

Economy

Liquidation of 131 funds to be discussed under Şimşek

Treasury and Finance Minister Mehmet Şimşek will return from the US today at noon. Seven portfolio management companies have 455,758 investors in 131 funds, and their liquidation and payments will be discussed under his chairmanship.

Economy

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