January 5, 2022
1 min read

Erdogan Vows To Stem Inflation

The civil servants and pensioners in the country will be supported by new economic measures…reports Asian Lite News

Turkish President Recep Tayyip Erdogan has vowed to decrease the country’s inflation back to single-digit levels after the annual inflation surged to 36.08 per cent, the highest since 2002.

“Whatever the reason is, we are in sorrow that our citizens are faced with such a picture,” Erdogan said at a press conference after a cabinet meeting.

The government is determined to decrease the inflation to single digits as soon as possible, he said, recalling that they had managed to reduce to 6 per cent in the past, reports Xinhua news agency.

ALSO READ: Erdogan Wants To Make Turkey Great Again

The civil servants and pensioners in the country will be supported by new economic measures, he said.

Erdogan said they will increase salaries for civil servants by 30.5 per cent and they will ensure an inflation level-based increase in the pensions of the retired citizens.

Salaries for any pensioners will not be lower than 2,500 Turkish Lira ($192), he stated.

Previous Story

UN Chief Hails Nuke-Statement

Next Story

Residents of Chinese city under lockdown barter dishwashing liquid for apples

Previous Story

UN Chief Hails Nuke-Statement

Next Story

Residents of Chinese city under lockdown barter dishwashing liquid for apples

Latest from News

Pakistan train blast kills 24 in Balochistan

Suicide bombing targeting shuttle carrying law enforcement personnel leaves scores injured near Quetta….reports Asian Lite News At least 24 people were killed and 82 others injured after a powerful blast targeted a

VPR Award Ceremony at TVM on October 1

The award was instituted by Kerala Media Academy with the support of VP Ramachandran’s family. The award contains a cash prize worth one lakh rupees, a citation, and a plaque Acclaimed journalist Shashi

GST Reform Fuels Auto Boom

Maruti Suzuki, India’s largest carmaker, also witnessed exceptional momentum. On Day 1 of the reforms, it reported over 30,000 retail sales and approximately 80,000 customer enquiries. Bookings for small cars rose by

Tejashwi claims ‘public fury’ against Bihar govt

Tejashwi Yadav’s Bihar Adhikar Yatra draws thousands, with RJD claiming growing anger over corruption, crime and unemployment, while NDA leaders tout development ahead of crucial state elections. Rashtriya Janata Dal (RJD) leader
Go toTop

Don't Miss

UAE sends $100mn in aid to Turkey, Syria

The UAE humanitarian arm and a number of ministries have

Madrid and Cordoba celebrate Sultan Al Qasimi’s theatrical legacy

The popular theatrical works of His Highness Sheikh Dr. Sultan