Tue, 21-Oct-2025

Turkey revises tourism profits up amid currency tumble

Turkey faces threat of inflation

ISTANBUL — Turkey has revised the expectation of tourism revenues upwards to 24 billion U.S. dollars for 2021, a much-needed hard currency as the country grapples with crippling local currency turbulence. “Turkey aims to generate 24-billion-dollar income from the tourism industry this year,” Turkish Culture and Tourism Minister Mehmet Nuri Ersoy recently said. The country … Read more