Hold Is Gold

Economy Issue #24

Welcome back! We would like to start with heartfelt praise for Daron Acemoğlu, who won the Nobel Prize in Economics on Monday.

We hope this award prompts the administration to tune into his sage advice about how “societies with a poor rule of law and institutions that exploit the population do not generate growth or change for the better.”

Now, let’s get into some numbers.

In this week’s edition:

1. MPC keeps policy interest rate at 50 percent

2. AKP pushes for another tax-collecting side quest

3. FDI from around the globe

4. This week’s stat round-up

Acemoğlu shares the prize with Simon Johnson and James A. Robinson. © Zartonk Media

You really got a hold on me: MPC keeps policy interest rate at 50 pct