World Bulletin / News Desk
Turkey expects 40 million tourists this year, President Recep Tayyip Erdogan said on Saturday.
“We are expecting 40 million tourists this year in our country,” Erdogan said while addressing a rally of the ruling Justice and Development (AK) Party in Turkey’s holiday resort province of southern Antalya.
“We expect $32 billion tourism revenue, and we are proceeding quickly towards this target,” he added.
The president said the number of tourists coming to Antalya increased by 57 percent, reaching 10.5 million, in 2017.
“Our target for this year is 14 million,” he added.
While Turkey hosted 36.8 million foreigners in 2014 and 36.3 million in 2015, the figure decreased sharply to 25.3 million in 2016 but rose again to 32.4 million last year, according to the Turkish Statistical Institute.
Turkey welcomed 3 million foreign visitors in the first two months of 2018 during its winter period, according to the Culture and Tourism Ministry.
Last month, inflation among EA19 countries rose to 2 percent, up 1.3 percent from same month last year, says Eurostat
BIST 100 climbs 0.10 pct, while Turkish lira gains value against foreign currencies
Nearly 8.5 million new passenger cars were registered in EU in first half of 2018, says manufacturers' association
Economic partnership agreement is biggest ever negotiated by EU and will create an open trade zone
BIST 100 rises 0.08 pct; US dollar/Turkish lira exchange rate stands at 4.8420
The dollar was up versus the yen but down against the euro and pound, with all eyes on US President Donald Trump's summit with Russian counterpart Vladimir Putin in Helsinki.
Tax revenues totals nearly $72.1 billion while interest payments amounts to over $8.2 billion in January-June period
BIST 100 rises over 700 points; USD/TRY exchange rate stays at 4.8360
Country's egg, chicken, turkey, and meat production climbed in May on yearly basis, says official data
BIST 100 rises over 400 points, while USD/TRY exchange rate drops to 4.8460
Saudi Arabia intends to invest as much as $10 billion in South Africa’s economy, with a focus on energy projects
Share of young people in Turkey age 15-24 who are not in employment, education, or training down 4.5 pct in Q1 year-on-year
Treasury and Finance Minister Berat Albayrak says effective Central Bank is among main policy targets of new era
The European Commission, the EU's executive arm, said the 19-country single currency bloc would expand by 2.1 percent in 2018, lower than the 2.3 percent forecast just weeks ago in early May.
Country's central government research and development expenditures rise by 17.5 percent year-on-year in 2017
The IEA welcomed in its July report last month's agreement between the Organization of the Petroleum Exporting Countries (OPEC) and Russia to open the taps in order to bring prices down from multi-year highs.