Turkey's Economic Boost: FATF Lifts Grey List

Foreign inflows into Turkey are set to accelerate after FATF removed the country from its 'grey list,' according to Vice President Cevdet Yilmaz. This move is expected to speed up the disinflation process and increase interest in Turkish lira assets, Yilmaz stated on social media.


Reuters | Ankara | Updated: 28-06-2024 14:53 IST | Created: 28-06-2024 14:53 IST
Turkey's Economic Boost: FATF Lifts Grey List
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Foreign inflows into Turkey will accelerate after the international crime watchdog Financial Action Task Force (FATF) removed the country from its 'grey list,' Vice President Cevdet Yilmaz said on Friday.

"The disinflation process will also speed up with the acceleration of capital flows to our country and the increase in interest in Turkish lira assets," Yilmaz said in a post on social media platform X, welcoming the FATF decision.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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