The Turkish Cypriot economy has about one-third the per capita GDP of the south. Because it is recognized only by Turkey, it has had much difficulty arranging foreign financing, and foreign firms have hesitated to invest there. The economy remains heavily dependent on agriculture and government service, which together employ about half of the work force. Moreover, the small, vulnerable economy has suffered because the Turkish lira is legal tender. To compensate for the economy's weakness, Turkey provides direct and indirect aid to nearly every sector.
All information is subject to change at any time.
Global Direct Corp. assumes no liability for the use of the database or activities of its franchisees. Global Direct is growing rapidly through interaction with our visitors from all over the world. Many of us have mother tongues other than English. Please help us to improve our use of the language by reporting any problems or spelling errors to Mr. Language . He's here to help.