A worrying sign for the Turkish economy

Turkey boasts of growth figures regarding foreign investments so far this year but this is a "half truth". 

Tracking the data shows that the value of the money leaving Turkey for investment abroad is increasing. 

For example, the real estate sector, which is considered attractive to investors in Turkey. In the first nine months of the year, Turks poured 1.53 billion dollars into real estate investments abroad compared to 1.33 billion in the same period last year. 

Foreign investments in Turkish real estate this year amounted to 2.19 billion dollars. In other words, the outgoing investments make up about 70% of the investments entering the real estate market this year compared to about 45% last year.

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#Turkey Economic Crisis #Middle East Economic News
Comments
Dalya Horowitz 15:48 19.11.2024
Hope they go bankrupt. Those with a brain will leave.
Services 808 06:30 19.11.2024
May Turkey go to hell
Soniya Christova 04:07 19.11.2024
As all antiSemites criminals islamists terrorists regimes as Iran Turkey Lebanon PA teror groups unit are under God's just wrath curse so will be utterly destroyed not only cut off ashamed failed
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