The Turkish economy delivered a performance that exceeded expectations last year and is forecast to post significant growth this year.
According to the Investment Office of the Presidency of the Turkish Republic, Türkiye has jumped up 10 places and ranked 33rd in the World Bank’s Doing Business 2020 report. It ranked 69th in 2017, 60th in 2018, and 43rd in the 2019 editions of this report.
This remarkable progress is considered an affirmation of Türkiye’s investment potential that attracts foreign investment from different nationalities. The ongoing successful economic reforms to support the inward investment proposition, having unique and strong market fundamentals, being an international hub for key sectors, and benefiting from a modern economy supported by a young and educated population consider the main reasons for successful invest in Türkiye. The citizenship by investment program was also reflected positively, which attracted and invested foreign investments in the Turkish market.
“By further reducing costs and increasing productivity in business life, Türkiye will raise the investment climate in Türkiye to the highest level,” Minister Berat Albayrak said.
“The positive momentum gained in 2019 will further advance this year, we work also on instituting a manufacturing infrastructure that focuses on value-added exports and increased employment. This addresses exports, manufacturing, production and import substitution,” Albayrak explained.
In order to strengthen the Turkish economy, the institutions are working on implementing middle term and long-term policies,” the minister said.
Istanbul Ethnosports Festival
The Ethnosports Culture Festival, which offers visitors a chance to watch ancient sports from around the world and get a taste of different cultures, began in Istanbul yesterday.
Study and Living in Albania
In this article, we are going to explain in short about studying and living in Albania the types of higher education in Albania, the tuition fees and living expenses in Albania
What Languages Are Spoken in Albania?
The spoken languages in Albania:
Albania is an ethnically homogeneous country with a vast majority of the population speaking the Albanian language. Minorities in the country speak their own native languages like Greek, Macedonian, Romani, and others. Italian and English are the most popular foreign languages spoken by Albanians.
12 Fun & Interesting Facts About Albania
Here are some fun & interesting facts about Albania:
In the evenings, the locals like to walk. But it’s not just a walk, it’s an official evening walk where every resident comes out to stretch their legs and catch up with their neighbors. Everyone gathers at various places, walking and talking until nightfall.
Agriculture, Forestry, and Fishing in Albania
Agriculture is an essential sector in Albania. One of the earliest agricultural lands in Europe has been found in southeastern Albania.
The former governments allocated substantial resources to the development of agriculture. Large-scale programs of land reclamation, soil improvement, and irrigation, as well as increased use of fertilizers, all contributed to a significant expansion of agricultural production. Later, agriculture has registered annual growth during the latest periods.