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Authority to Determine Installment Periods in Retail Sales Granted to the Ministry of Trade
With a new regulatory amendment published in the Official Gazette, the authority to regulate installments in retail goods and services sales, excluding housing sales, has been transferred to the Ministry of Trade.
News
Current Affairs
Economy
Installment shopping limits in retail trade reorganized
With the regulatory amendment made by the Ministry of Trade, the 12-month installment limit applied to non-housing goods and services sales in the retail sector, along with sectoral restrictions, were removed, and the authority was granted to the Ministry.
News
Economy
17 Trillion Lira Accumulated in Deposit Accounts and Expectations for Interest Rate Cuts Strengthened
According to BRSA data, there are 17 trillion liras in TRY time deposit accounts, while potential interest rate cuts alongside declining inflation and the latest status of investment instruments are being evaluated.
News
Economy