World Bulletin / News Desk
Turkish deputy prime minister Mehmet Şimşek said Turkey has sent almost $1 billion worth of aid to Somalia since 2011 as part of the country's Africa strategy.
Speaking after the G20 finance ministers and central bank governors meeting in western German town of Baden-Baden, Mehmet Simsek said Turkey shared its existing strategies especially on Africa during the meeting.
Simsek said one of the agenda items of G20 was to strengthen dialogue with African countries, "because the next 100 years will be the [years] of Africa."
"So what is Asia today in terms of global economy; If Asia is the biggest engine of the global economy today, there is the possibility for Africa in the future.
"Turkey is already making an enormous effort towards Africa. We have a strategy. So we had 12 embassies in 2004 and now there are 39," he said.
Turkish minister also stated that the two-day meeting in Baden-Baden was a "fruitful" for Turkey to express itself to the investors.
"We tried to remove the question marks in the minds of those who have investments in Turkey and those who are considering to invest," he said.
The meetings provided a preliminary discussion platform ahead the G20 Summit of heads of state and government, which will be held in Hamburg on July 7-8, 2017.
G20 finance ministers and central bank governors will also gather at the International Monetary Fund's spring and annual meetings in April and October in Washington DC.
Treasury reports central government debt stock in March rises around 15 pct year-on-year, reaching nearly $235 billion
Sales to foreigners amounted to 1,827, 15.8 pct rise year-on-year, according to official report
BIST 100 slips 0.15 percent; US dollar/Turkish lira exchange rate stands at 4.0460
BIST 100 rises 0.01 percent; US dollar/Turkish lira exchange rate drops to 4.0250
Fresh hopes that Donald Trump and North Korea's leader Kim Jong Un will hold a historic summit within months also provided some much-needed optimism.
The fund cautioned that investors and financial markets expect a steady approach to monetary tightening based on the belief inflation will remain relatively tame.
Turkey's assets abroad go up 2.4 percent at end of February 2018, compared to end of 2017: Turkish Central Bank
BIST 100 decreases 0.12 percent; US dollar/Turkish lira exchange rate stands at 4.1020
Hong Kong and China ended down after fluctuating through the morning on data showing the world's number two economy expanded in January-March at the same rate as the previous three months.
For Turkey, Germany is a very important, indispensable partner: Turkish Energy Minister Albayrak says in Berlin
BIST 100 rises 0.69 percent; US dollar/Turkish lira exchange rate stands at 4.0830
The United States, Britain and France carried out attacks at the weekend on alleged chemical weapons facilities, in response to what they say was a toxic gas attack by the Russia-backed Assad regime a week before.
Excluding interest payments, central government budget balance saw surplus of nearly $500M in first quarter of 2018
London's FTSE 100 index fell 0.1 percent to 7,254.83 points, with UK advertising giant WPP diving four percent after chief executive Martin Sorrell resigned over the weekend.
The US, Britain and France carried out attacks at the weekend on alleged chemical weapons facilities, in response to what they say was a toxic gas attack by the Russia-backed Assad regime a week before.