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The Turkish Navy has unveiled its new and largest warship, the TCG Anadolu. The ship is the first aircraft carrier incorporated by the country’s navy, but instead of manned aircraft it will launch drones. Costing around US$ 1 billion, the Anadolu is a Juan Carlos I class ship designed by the Spanish shipyard Sedef, which started the construction of the vessel in 2016 in the port of Istanbul in partnership with the Turkish company Navantia. Turkey is still planning to purchase a second aircraft carrier of the same type, the TCG Trakya. Although officially commissioned, the Turkish aircraft carrier will still undergo a series of tests before being declared fully operational, which should occur in 2024. About Turkiye Capital: Ankara Currency: Turkish lira
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Money multiplier measures an estimate of the maximum amount of commercial bank money that can be created