Azerbaijan's Economy 35 Years After Independence Restoration
Thirty-five years after restoring independence, Azerbaijan's economy has more than tripled in real terms. Official data reveal how investmen...
Türkiye plans to increase defence spending by 229 per cent under a three-year economic plan designed to boost domestic arms production and advanced military technology.
Vice President Cevdet Yılmaz announced the spending target on Sunday as he presented the government’s Medium-Term Program, covering 2027 to 2029.
Yılmaz said Türkiye aims to further develop its domestic defence-technology sector and boost the production of high-value goods.
The government has not given a detailed breakdown of the planned increase or specified the baseline used to calculate the 229 per cent figure.
It has also not said how much of the allocated funds will go towards research, development and manufacturing, or how much will be used to offset inflation.
The new defence budget is part of a broader economic plan that has lowered Türkiye’s growth forecast for 2026 to 3.3 per cent and projects year-end inflation at just over 28 per cent.
In a related development on Monday, Turkish pilots were set to begin flight training on Eurofighter Typhoon jets as Ankara prepares to bring the European fighter aircraft into service.
According to the Turkish Defence Ministry, pilots have completed terminology instruction and are set to begin an eight-month flight-training programme.
This will be followed by three months of instructor-pilot training, with additional Turkish crews expected to take part in subsequent groups, the ministry said.
Türkiye has ordered 20 new Eurofighter Typhoons from the UK and hopes to acquire another 24 used aircraft - 12 each from Qatar and Oman - to meet its short-term operational needs.
The new British-built fighters, however, are not expected to arrive in Türkiye for several years.
Ankara has sought additional warplanes while developing its home-grown, fifth-generation KAAN fighter jet, designed to eventually replace much of Türkiye’s ageing F-16 fleet.
Meanwhile, Türkiye has also expanded the production and export of locally manufactured drones, missiles, armoured vehicles, warships and electronic warfare systems.
Flagship projects include the Kızılelma combat drone and the country’s first purpose-built aircraft carrier.
An unknown projectile struck a tanker 68 nautical miles northeast of Saudi Arabia on Friday according to a report released by the United Kingdom Maritime Trade Operations (UKMTO) on Saturday.
U.S. President Donald Trump has called it “a disgrace” that Ukraine has resumed attacks on Russian oil refineries. Attacks are continuing from Russia and Ukraine as media reports say Ukraine has almost run out of Patriot interceptor missiles.
The day after waiving sanctions and tariffs related to Russian exports, U.S. President Donald Trump said on Saturday he has yet to announce a final decision on the matter as Secretary of State Marco Rubio said officials want more time to evaluate the situation.
A Saudi AH-6i helicopter crashed in the Najran region of Saudi Arabia due to a technical malfunction, killing its two crew members, the Saudi-led coalition's spokesman Brigadier General Turki al-Maliki said in a statement on Sunday.
What started out as planned protests against the cost of living, declining public services and education funding in France, quickly devolved into violent riots across the country on Saturday.
A Saudi AH-6i helicopter crashed in the Najran region of Saudi Arabia due to a technical malfunction, killing its two crew members, the Saudi-led coalition's spokesman Brigadier General Turki al-Maliki said in a statement on Sunday.
Uzbekistan welcomed 10.3 million foreign tourists in the first nine months of 2026, up 20.4 per cent year-on-year, as the Central Asian nation pushes towards its ambitious goal of attracting 20 million visitors annually by 2030.
In an interview with AnewZ’s Sabir Safarov, Houthi-aligned journalist Hussain al-Bukhaiti warns of possible attacks on Saudi Arabia’s water and power infrastructure, dismisses concerns over global trade and acknowledges Iranian assistance in developing the group’s missiles.
Armenia is looking to turn shared environmental challenges into opportunities for regional cooperation, with Prime Minister Nikol Pashinyan highlighting the potential for stronger ties with neighbouring countries through biodiversity protection.
Student organisations, opposition groups and youth-led activists took to the streets in Patna and Mumbai on Friday (16 October), demanding the resignation of India's Chief Election Commissioner, Gyanesh Kumar, amid a row over changes to voter lists.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment