Mehmet Şimşek News
Turkey's public debt-to-GDP ratio hits historic low
Turkey's public debt-to-GDP ratio fell to a historic low of 23.1% in the first quarter of 2026, according to Finance Minister Mehmet Şimşek. He also noted the gross external debt stock was $539 billion.
Turkey limits fuel shock impact on citizens
Turkey's Treasury and Finance Minister Mehmet Şimşek announced that the 'Eşel Mobil' system is being used to limit the impact of global energy shocks, such as transport disruptions and refinery outages, on citizens' fuel costs while maintaining budget discipline.
Turkey's registered employment boosts public finances
Turkey's Finance Minister Mehmet Şimşek stated that the rate of unregistered employment in non-agricultural sectors averaged 15.7% in the last year, below historical averages. He emphasized that increasing registered employment, which provides social security, significantly benefits public finances.
Turkey's Finance Minister: Fiscal Discipline Maintained Despite
Turkey Halts Diesel Fuel Tax Until August End
Turkey to Adjust Fuel Tax Amid Rising Oil Prices
