Back to today’s briefing

Story perspectives

Turkey Eyes Economic Revival After PKK Conflict Ends

5/20/2025

26 5

Summary

Story summary

Turkey is poised for a transformative economic boost following the Kurdistan Workers’ Party's (PKK) decision to end a 40-year conflict. Treasury Minister Mehmet Simsek revealed the war's staggering cost of around $1.8 trillion, encompassing military spending and lost potential. With peace talks with leader Abdullah Öcalan paving the way, Turkey aims to harness reconstruction opportunities in Syria.

1 of 1

Story summary

Turkey is poised for a transformative economic boost following the Kurdistan Workers’ Party's (PKK) decision to end a 40-year conflict. Treasury Minister Mehmet Simsek revealed the war's staggering cost of around $1.8 trillion, encompassing military spending and lost potential. With peace talks with leader Abdullah Öcalan paving the way, Turkey aims to harness reconstruction opportunities in Syria.