The cost of living in North Cyprus, whose economic fortunes are linked to Turkey via the lira, spiralled out of control last year, Yeniduzen reports.
According to the Statistical Institute annual inflation in North Cyprus rose to 83.62 percent as of December 2023. Meanwhile, the economic forecast for 2024 is equally grim.
Last year, the worst affected sector was healthcare and medicines at 96.09%
Housing, water, electricity, gas and other fuels: 89.45%
Furniture, household appliances and maintenance services: 84.36%
Transportation: 83.25%
Miscellaneous goods and services: 80.70%
Entertainment and culture: 72.38%
Clothing and shoes: 70.66%
Alcoholic beverages and tobacco: 69.25%
Staple foods: 64.35%
"Yeniduzen"
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All drone flights and air sports activities, except for those with special permits, are prohibited
All drone flights and air sports activities, except for those with special permits, are prohibited from 05:45 on Wednesday, July 17, until 19:59 on Saturday, July 20, announced the Civil Aviation Department of the Ministry of PublicSea voyage Kyrenia-Anamur
Since June 12, the start of sea travel Kyrenia-Anamur (a city in the province of Mersin), interest in travel continues to increase every day.The World Bank expects the TRNC's economy to grow by 2.7 percent this year.
The World Bank expects the TRNC's economy to grow by 2.7 percent this year.
