Turkey to lower taxes on basic foods to fight high inflation
Turkish President Recep Tayyip Erdogan: Credit to Photo Anadolu Agency/Murat Kula By Associated Press Turkey’s president announced on Saturday a 7 percentage-point reduction in taxes added to basic food supplies as the country faces rampant inflation. President Recep Tayyip Erdogan said value-added tax would be lowered to 1% from 8% on food purchases. His decision
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