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MarketsUSD/TRY48.8265-0.02%EUR/TRY55.5526-0.68%BIST 10013,252-0.64%Gold gram (TL)6,793-1.15%TCMB policy rate37.00%Annual inflation (TÜİK CPI)31.51%-0.24%BIST 3016,370-0.13%GBP/TRY64.6210-0.88%BTC/TRY4,119,869-1.92%Brent (USD)98.34-0.92%More
Mehmet Şimşek
Photo credit: DFID - UK Department for International Development · CC BY 2.0

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Mehmet Şimşek

Treasury and Finance Minister since 2023

Mehmet Şimşek is a Turkish politician and economist who has served as Treasury and Finance Minister since June 4, 2023. He served as Deputy Prime Minister of Türkiye from 2015-2018, and as Finance Minister from 2009-2015. As a member of the AK Party, he was elected as a member of parliament for Gaziantep and Batman.

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Related news 13 stories

Photo: Ekonomim
Economy

Economy 13 sources 3 stories

Karahan: Disinflation process continues despite challenging supply conditions

TCMB Governor Fatih Karahan stated in his presentation at the Türkiye Investment Conference held in New York that the disinflation process continues.

Source spectrum State State Pro-government Pro-gov Independent Indep. Opposition Opp. Foreign Foreign
TRT Haber (ekonomi)2nd to publish the story22 Sept, 15:21 ABD'li doğrudan yatırımcılar New York'ta Türkiye'nin ekonomi yönetimiyle buluştu Anadolu Ajansı8th to publish the story22 Sept, 23:56 TCMB Başkanı Karahan New York'ta "Enflasyon ve Makroekonomik Görünüm" başlıklı sunum yaptı Hürriyet4th to publish the story22 Sept, 23:34 TCMB Başkanı Karahan: Yurt içi yerleşiklerin Türk lirasına olan talebi güçlü seyrediyor Bloomberg HT2 articles · First to publish the story22 Sept, 23:44 Karahan: Küresel şoklar ve iç dinamikler enflasyonun seyrini belirleyecek Ekonomim3rd to publish the story22 Sept, 23:25 TCMB/Karahan: Zorlu arz koşullarına rağmen dezenflasyon süreci devam ediyor +5 +6 Ekonomim · 3rd to publish the story Gazete Oksijen · 9th to publish the story Ekonomi Manşet · 5th to publish the story PSM · 6th to publish the story Sigorta Gündem · 7th to publish the story Karar · 11th to publish the story BirGün2 articles · 10th to publish the story23 Sept, 05:00 New York’ta yatırımcı avı

Türkiye Cumhuriyet Merkez Bankası Fatih Karahan Mehmet Şimşek

Photo: Bloomberg HT
Economy

Economy 7 sources 3 stories

Şimşek: Turkish economy is strong and resilient

Treasury and Finance Minister Mehmet Şimşek told US investors at the Turkey Investment Conference in New York: "The Turkish economy is strong and resilient." He said the exit from FX-protected deposits (KKM) has increased resilience.

Source spectrum State State Pro-government Pro-gov Independent Indep. Opposition Opp. Foreign Foreign
Haber76th to publish the story22 Sept, 18:58 Bakan Şimşek: Türkiye ekonomisi güçlü ve dayanıklı Bloomberg HTFirst to publish the story22 Sept, 14:21 Şimşek: Türkiye ekonomisi güçlü ve dayanıklı Dünya2nd to publish the story22 Sept, 14:53 Hazine ve Maliye Bakanı Şimşek: KKM'den çıkış ekonominin dayanıklılığını artırdı +3 +4 Dünya · 2nd to publish the story Karar · 5th to publish the story Ekonomi Manşet · 3rd to publish the story Sigorta Gündem · 4th to publish the story

Mehmet Şimşek Fatih Karahan Turkey Investment Conference DEİK TAİK

Photo: Evrensel
Economy

Economy 25 sources

MASAK probe requested for 4 companies in fund investigation

A probe by the Financial Crimes Investigation Board (MASAK) was requested into the financial transactions of executives and their relatives at Pusula Finans Holding, Tera Yatırım, Hedef Holding, and Bulls Yatırım. YENİ Party lawmaker Sezgin Tanrıkulu said a loss of 525 billion lira (TL) was condoned in recent months and more than 500,000 small investors were affected.

Source spectrum State State Pro-government Pro-gov Independent Indep. Opposition Opp. Foreign Foreign
TRT Haber10th to publish the story20 Sept, 12:53 Fon soruşturmasında MASAK'a yeni inceleme talebi Haber79th to publish the story20 Sept, 12:46 Son Dakika: Fon soruşturmasında MASAK'a yeni inceleme talebi Sabah3rd to publish the story20 Sept, 12:38 Fon soruşturmasında 4 şirket için MASAK'a yeni inceleme talebi +3 +4 Sabah · 3rd to publish the story TGRT Haber · 5th to publish the story Star · 2nd to publish the story CNN Türk · 20th to publish the story Ekonomi Manşet17th to publish the story20 Sept, 13:39 YENİ Partili Sezgin Tanrıkulu: Borsada 525 milyar liralık zarara göz yumuld Habertürk15th to publish the story20 Sept, 13:06 Fon soruşturmasında MASAK'a yeni inceleme talebi +5 +6 Habertürk · 15th to publish the story Mersin Haber · 11th to publish the story Karar · 7th to publish the story Bloomberg HT · 6th to publish the story Diyarbakır Söz · 14th to publish the story Serbestiyet · 18th to publish the story Cumhuriyet3 articles · First to publish the story20 Sept, 12:59 Özgür Karabat’tan 'fon krizi' tepkisi: 'Sermaye piyasasının temel ham maddesi güvendir' BirGün2 articles · 12th to publish the story21 Sept, 05:00 Milyarlarca liralık zarara göz yumuldu +4 +5 BirGün · 12th to publish the story Evrensel · 16th to publish the story Halk TV · 13th to publish the story Nefes · 8th to publish the story Yeniçağ · 4th to publish the story DW Türkçe (DE)19th to publish the story20 Sept, 15:29 Muhalefetten Mehmet Şimşek'e fon tepkisi

Özgür Karabat Sezgin Tanrıkulu YENİ Party Mehmet Şimşek Treasury and Finance Ministry

Photo: Gerçek Gündem
Politics

Politics 17 sources 3 stories

Erdoğan arrives in New York for 81st UN General Assembly

President Recep Tayyip Erdoğan arrived in New York at 22:50 Turkish time to attend the UN General Assembly and will address the General Assembly for the 16th time on 22 September. The delegation includes Foreign Minister Hakan Fidan and Treasury and Finance Minister Mehmet Şimşek.

Source spectrum State State Pro-government Pro-gov Independent Indep. Opposition Opp. Foreign Foreign
TRT Haber2 articles · First to publish the story20 Sept, 11:43 BM üyesi ülkelerin liderleri, 81'inci Genel Kurul için New York'ta bir araya gelecek Anadolu Ajansı2 articles · 2nd to publish the story20 Sept, 11:26 BM üyesi ülkelerin liderleri, 81'inci Genel Kurul için New York'ta bir araya gelecek Yeni Asır5th to publish the story20 Sept, 11:46 Başkan Erdoğan, 16'ncı kez Birleşmiş Milletler Genel Kurulu'na hitap edecek Milliyet4th to publish the story20 Sept, 11:35 BM üyesi ülkelerin liderleri, 81'inci Genel Kurul için New York'ta bir araya gelecek +3 +4 Milliyet · 4th to publish the story Yeni Akit · 10th to publish the story Yeni Şafak · 14th to publish the story Türkiye Gazetesi · 15th to publish the story Diyarbakır Söz3rd to publish the story20 Sept, 11:23 16'ncı kez Birleşmiş Milletler Genel Kurulu'na hitap edecek Mersin Haber8th to publish the story20 Sept, 12:19 Cumhurbaşkanı Erdoğan, BM Genel Kurulu için Amerika’ya gitti - İSTANBUL Bursa Hakimiyet11th to publish the story20 Sept, 13:56 BM üyesi ülkelerin liderleri, 81'inci Genel Kurul için New York'ta bir araya gelecek +2 Mersin Haber · 8th to publish the story Bursa Hakimiyet · 11th to publish the story Gerçek Gündem6th to publish the story20 Sept, 12:10 Cumhurbaşkanı Erdoğan, ABD'de Düzenlenecek Birleşmiş Milletler Toplantısı İçin Yola Çıktı Nefes7th to publish the story20 Sept, 12:10 Erdoğan'ın 3 günlük ABD ziyaretinin ajandası belli oldu! +2 +3 Nefes · 7th to publish the story Cumhuriyet · 12th to publish the story Yeni Yaşam · 13th to publish the story Sputnik Türkiye (RU)9th to publish the story20 Sept, 12:48 Dünya liderleri New York'ta buluşuyor: BM Genel Kurulu 22 Eylül'de başlıyor

Recep Tayyip Erdoğan United Nations Hakan Fidan Mehmet Şimşek Cevdet Yılmaz New York

Photo: Serbestiyet
Economy

Economy 41 sources 2 stories

Capital Markets Board assigns İş Bankası and Ziraat Bankası for liquidation of 130 funds

Assets of 130 funds belonging to seven portfolio management companies will be converted to cash, with the process to be completed within three months at most. Treasury and Finance Minister Mehmet Şimşek said, "There is no structural problem in the stock market or the fund market."

Source spectrum State State Pro-government Pro-gov Independent Indep. Opposition Opp. Foreign Foreign
TRT Haber5 articles · First to publish the story18 Sept, 13:52 Tuna Portföy'den fon süreçlerine ilişkin açıklama Anadolu Ajansı (ekonomi)2 articles · 3rd to publish the story18 Sept, 10:12 Bakan Şimşek: Borsada ve piyasada yapısal sorun yok Milat2 articles · 10th to publish the story18 Sept, 14:17 Tuna Portföy'den fon süreçlerine ilişkin açıklama A Haber2 articles · 5th to publish the story18 Sept, 10:17 Hazine ve Maliye Bakanı Mehmet Şimşek'ten piyasa mesajı: Genele yayılmış sistemik risk yok Diken2 articles · 6th to publish the story18 Sept, 10:19 Şimşek: Problem sınırlı sayıda fonda, genele yayılan risk yok Bloomberg HT2 articles · 4th to publish the story18 Sept, 15:32 Fonların ödeme ve tasfiye sürecini belirlendi +10 +11 Bloomberg HT · 4th to publish the story Serbestiyet · 8th to publish the story Dünya · 16th to publish the story Karar · 20th to publish the story Gazete Oksijen · 9th to publish the story Kısa Dalga · 11th to publish the story Ekonomim · 21st to publish the story Bursa Hakimiyet · 19th to publish the story Ekonomi Manşet · 13th to publish the story PSM · 14th to publish the story Sigorta Gündem · 15th to publish the story Artı Gerçek2 articles · 2nd to publish the story18 Sept, 10:22 Bakan Şimşek'ten 'fon krizi' açıklaması: Yapısal bir sorun yok Nefes2 articles · 18th to publish the story18 Sept, 14:22 Fon mağdurlarının paralarını ödeyecek 2 banka belli oldu +4 +5 Nefes · 18th to publish the story Gerçek Gündem · 7th to publish the story Cumhuriyet · 22nd to publish the story Yeniçağ · 24th to publish the story BirGün · 25th to publish the story Sputnik Türkiye (RU)17th to publish the story18 Sept, 13:27 Tera Portföy'den tasfiye sürecine ilişkin açıklama: Ödeme planını nasıl olacak? BBC Türkçe (GB)12th to publish the story18 Sept, 11:06 Bakan Şimşek: Borsa ve fon piyasasında genele yayılan bir risk yok Financial Times (GB)23rd to publish the story18 Sept, 15:38 Turkey moves to liquidate funds at centre of ‘Ponzi-like scheme’ +2 BBC Türkçe · 12th to publish the story Financial Times · 23rd to publish the story

Capital Markets Board (SPK) Mehmet Şimşek İş Bankası Ziraat Bankası Tera Portföy Yönetimi TEFAS

Photo: Evrensel
Economy

Economy 1 source

Polemic between economist Ash and Sabah columnists in Tera dispute

According to Evrensel, British economist Timothy Ash described on X the presence of certain columnists on the boards of liquidated funds as a "conflict of interest"; the debate continued through Sabah columnists Kerem Alkin and Dilek Güngör.

Source spectrum State State Pro-government Pro-gov Independent Indep. Opposition Opp. Foreign Foreign
Evrensel19 Sept, 02:07 Timothy Ash ile Dilek Güngör arasında "Kim Tera'cı" polemiği

Timothy Ash Kerem Alkin Dilek Güngör Sabah Tera Yatırım Menkul Değerler Mehmet Şimşek Evrensel

Photo: ShiftDelete
Economy

Economy 6 sources

Diesel price per liter exceeds 100 lira in major cities

With the new price hike, diesel rose above 100 lira in Istanbul, Ankara and Izmir.

Source spectrum State State Pro-government Pro-gov Independent Indep. Opposition Opp. Foreign Foreign
ShiftDelete3rd to publish the story17 Sept, 09:23 Motorin Fiyatı Türkiye’de 100 TL’yi Aştı Kısa Dalga4th to publish the story17 Sept, 09:38 Motorinde tüm zamanların rekoru: 100 lirayı aştı BirGün2 articles · First to publish the story17 Sept, 11:21 17 Eylül 2026 Benzin ve Motorin Fiyatlarında İndirim, Zam Var mı? Motorin, Benzin ve LPG Fiyatları Cumhuriyet5th to publish the story17 Sept, 10:23 Akaryakıt fiyatları ne kadar? Benzine, mazota, motorine zam veya indirim var mı? Güncel yakıt fiyatları kaç TL? DW Türkçe2nd to publish the story17 Sept, 07:32 Motorin 100 TL'yi aştı: Akaryakıt fiyatı artık üç haneli

Mehmet Şimşek Treasury and Finance Ministry Istanbul Ankara İzmir Kadirli

Photo: Cumhuriyet
Economy

Economy 31 sources

Financial Stability Committee holds emergency meeting: "No structural risk"

Following the decline in Borsa Istanbul (BIST), the committee, chaired by Treasury and Finance Minister Mehmet Şimşek, said the issue stemmed from credit and liquidity strains in certain funds of a limited number of portfolio management companies, and that it was temporary and manageable.

Source spectrum State State Pro-government Pro-gov Independent Indep. Opposition Opp. Foreign Foreign
TRT Haber3 articles · 4th to publish the story17 Sept, 11:10 Piyasalarda güven rallisi: Borsadaki yükseliş yüzde 2'yi aştı Anadolu Ajansı3 articles · 2nd to publish the story17 Sept, 11:28 Borsadaki yükseliş bankacılık hisseleri öncülüğünde yüzde 2'yi aştı Hürriyet3rd to publish the story16 Sept, 20:55 Finansal İstikrar Komitesi, Bakan Şimşek başkanlığında yarın toplanacak Karar12th to publish the story17 Sept, 10:31 Finansal İstikrar Komitesi (FİK) nedir? Finansal İstikrar Komitesi'nde kimler var, üyeleri kimler? Diken2 articles · 10th to publish the story17 Sept, 11:17 Borsa bankacılık hisseleriyle yükseliyor: Yüzde 2'yi aştı +6 +7 Diken · 10th to publish the story Ekonomim · 19th to publish the story Dünya · 6th to publish the story Habertürk · 15th to publish the story Kıbrıs Genç TV · 14th to publish the story Kıbrıs Manşet · 20th to publish the story Bloomberg HT · 9th to publish the story Evrensel2 articles · 5th to publish the story17 Sept, 11:01 Borsadaki son durum: Güne düşüşle başladı BirGün2 articles · 7th to publish the story17 Sept, 11:21 Borsa İstanbul'daki düşüş dış basında +3 +4 BirGün · 7th to publish the story Cumhuriyet · 13th to publish the story Halk TV · 16th to publish the story Yeniçağ · 17th to publish the story Euronews TürkçeFirst to publish the story16 Sept, 20:07 Borsa İstanbul'da sert düşüş: Devre kesicinin çalıştığı düşüşün nedeni ne? BBC Türkçe11th to publish the story17 Sept, 10:01 Piyasalardaki düşüş sonrası Finansal İstikrar Komitesi'nden açıklama: Yapısal risk yok, tedbirler uygulanacak +2 +3 BBC Türkçe · 11th to publish the story DW Türkçe · 18th to publish the story Independent Türkçe · 8th to publish the story

Financial Stability Committee Treasury and Finance Ministry Mehmet Şimşek Borsa Istanbul (BIST)

Photo: Daily Sabah
Economy

Economy 2 sources

Şimşek: Disinflation succeeding but slower than desired

Treasury and Finance Minister Mehmet Şimşek said inflation would today be at least 7 points lower if not for the war; annual inflation was 31.5% in August. Central Bank (TCMB) Governor Fatih Karahan said recurring energy shocks could complicate the fight against inflation.

Source spectrum State State Pro-government Pro-gov Independent Indep. Opposition Opp. Foreign Foreign
Daily Sabah2 articles16 Sept, 14:33 Türkiye's disinflation successful but slower than desired: Şimşek

Mehmet Şimşek Fatih Karahan Central Bank (TCMB) Treasury and Finance Ministry

Photo: BBC Türkçe
Economy

Economy 19 sources

BIST 100 falls 5.54%, Financial Stability Committee to meet in the morning

BIST 100 fell 5.54% on September 16 to 13,122.58 points; the decline was driven by a portfolio management company defaulting on fund payments and Middle East tensions. The Financial Stability Committee will meet on September 17 at 08:00 chaired by Minister Şimşek.

Source spectrum State State Pro-government Pro-gov Independent Indep. Opposition Opp. Foreign Foreign
TRT Haber2 articles · 3rd to publish the story16 Sept, 20:52 Finansal İstikrar Komitesi yarın toplanacak Anadolu Ajansı3 articles · 2nd to publish the story16 Sept, 20:45 Finansal İstikrar Komitesi, Bakan Şimşek başkanlığında yarın toplanacak Hürriyet10th to publish the story16 Sept, 20:55 Finansal İstikrar Komitesi, Bakan Şimşek başkanlığında yarın toplanacak Diken2 articles · First to publish the story16 Sept, 20:26 Finansal İstikrar Komitesi yarın sabah toplanacak Dünya2 articles · 4th to publish the story16 Sept, 20:06 Finansal İstikrar Komitesi yarın toplanacak Ekonomim6th to publish the story16 Sept, 20:04 Bakanlık duyurdu: Finansal İstikrar Komitesi yarın sabah toplanacak +2 Dünya · 4th to publish the story Ekonomim · 6th to publish the story Cumhuriyet11th to publish the story16 Sept, 21:33 Borsadaki sert düşüşün ardından Şimşek hamlesi: Finansal İstikrar Komitesi’nden acil toplantı BirGün2 articles · 5th to publish the story16 Sept, 21:19 Bakanlık duyurdu: Finansal İstikrar Komitesi yarın toplanıyor +4 +5 BirGün · 5th to publish the story Evrensel · 8th to publish the story Halk TV · 7th to publish the story Yeniçağ · 9th to publish the story Artı Gerçek · 12th to publish the story BBC Türkçe13th to publish the story16 Sept, 23:04 Borsa İstanbul'daki kayıplardan sonra Finansal İstikrar Komitesi toplantısı

Borsa Istanbul (BIST) Financial Stability Committee Mehmet Şimşek Treasury and Finance Ministry Pusula Portföy

Photo: Euronews Türkçe
Economy

Economy 5 sources

Şimşek: We will not give up on disinflation even during the election process

Şimşek said disinflation was not progressing at the desired pace but would continue during the election process. He said year-end inflation would have been around 20-22% without the war, and that civil servant and pensioner salaries would rise at least in line with inflation.

Source spectrum State State Pro-government Pro-gov Independent Indep. Opposition Opp. Foreign Foreign
Anadolu Ajansı (ekonomi)2nd to publish the story16 Sept, 13:52 Hazine ve Maliye Bakanı Şimşek: Seçim sürecinde de dezenflasyondan vazgeçmeyeceğiz Daily Sabah4th to publish the story16 Sept, 14:33 Türkiye's disinflation successful but slower than desired: Şimşek Diken3rd to publish the story16 Sept, 14:15 Şimşek'e göre 'dış faktörler olmasa' enflasyon en az yedi puan aşağıda olurdu Medyascope5th to publish the story16 Sept, 16:17 Mehmet Şimşek: “Dezenflasyon istediğimiz hızda değil” Euronews TürkçeFirst to publish the story16 Sept, 13:06 Bakan Şimşek'ten memur ve emekliye zam açıklaması: "Enflasyon kadar artacak"

Mehmet Şimşek Treasury and Finance Ministry Medium-Term Program Turkish Statistical Institute (TÜİK) Bloomberg HT

Photo: Ekonomim
Economy

Economy 6 sources

Tera Portföy declares default in two funds, payment periods extended in six funds

On the evening of September 16, as Borsa Istanbul (BIST) fell sharply, Tera Portföy declared a payment default in its THF and TP2 funds. Unit share value in six free funds, including TLY, will now be calculated on the 15th of each month, with sale proceeds paid on the 10th business day.

Source spectrum State State Pro-government Pro-gov Independent Indep. Opposition Opp. Foreign Foreign
EkonomimFirst to publish the story16 Sept, 20:23 Tera Portföy’ün iki fonu temerrütte, 6 fonunda para 10’uncu iş günü ödenecek Karar4th to publish the story16 Sept, 22:18 Pusula’nın ardından Tera Portföy’de kritik gelişme: İki fonda temerrüt, 6 fonda ödeme süresi uzadı Halk TV5th to publish the story16 Sept, 22:47 Fonları temerrüde düşen Tera Portföy Cumhurbaşkanı Erdoğan'a sığındı! Cumhuriyet6th to publish the story16 Sept, 23:20 Tera Portföy'ün fonları temerrüde düştü: Başkanından 'Erdoğan' ve 'spekülasyon' vurgulu açıklama geldi +2 +3 Cumhuriyet · 6th to publish the story BirGün · 3rd to publish the story Evrensel · 2nd to publish the story

Where reports differ

Independent press Ekonomim and Karar focused on the technical content of the disclosures, noting that the default does not mean the fund's collapse but that investors could not access their money within the expected timeframe, and that fund size data varied between 224 and 243 billion lira across different platforms.
Opposition-leaning press Cumhuriyet, Halk TV, BirGün and Evrensel highlighted a statement by Tera Holding Chairman Emre Tezmen referencing President Erdoğan and describing the process as a "speculative attack"; they presented Tezmen's defense of a "temporary liquidity shortage" with skepticism.

Tera Portföy Emre Tezmen Borsa Istanbul (BIST) Public Disclosure Platform (KAP) Sermaye Piyasası Kurulu Mehmet Şimşek Pusula Portföy

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