Hafize Gaye Erkan, the President of the Central Bank of the Republic of Türkiye, announced an increase in the inflation forecasts for 2023 and 2024. The 2023 year-end inflation forecast was raised from 58 percent to 65 percent, and the 2024 year-end forecast from 33 percent to 36 percent. In a meeting, Erkan discussed inflation, monetary policies, and their impact on financial markets. She emphasized the commitment to using all available tools to combat high and volatile inflation until a significant improvement in the inflation outlook is achieved, highlighting the importance of price stability for social welfare.
Lush Garden Survives Massive Forest Fire in Türkiye’s Bursa
A devastating forest fire in Türkiye’s Bursa province reduced 100 hectares to ash, but one garden in Gürsu’s Karahıdır village remained untouched. Despite the destruction, Halil Kiraz’s 25-acre nectar orchard stood green and intact. Kiraz credited his drip irrigation system, firebreak road, regular maintenance, and almsgiving: “Everything turned to ash, but my garden remained green.”
The fire began on July 26, 2025, prompting the evacuation of 1,765 people. Now extinguished, the contrast of Kiraz’s green orchard amid scorched land has drawn widespread attention.
Abdullah Çibir – Ali Osman Akın
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