Beer in Turkey opened production of beer and two restaurants named in honor of his grandfather - "KHOFFNER Brewing Company", which function to this day. There were many pubs and bars in Istanbul, Izmir, and Thessaloniki. Production of beer in the Ottoman Empire was 1.2 billion liters in 1894. This increased to 9.9 billion liters in 1913–1914. Atatürk, the first president of the Turkish Republic, founded an ale factory in Ankara. İsmet İnönü, the first prime minister of Turkey, worked to improve the old Bomonti Beer Company. This created the first beer competition in Turkey. The Turkish beer market experienced 20% growth from
Central Bank of the Republic of Turkey fulfill this aim, the Bank was given the following duties: With the introduction of economic development plans in Turkey in the 1960s, several changes were made in the Central Bank Law. For the same purpose, the Law No. 1211, which was enacted on 26 January 1970, redefined the duties and responsibilities of the Central Bank of the Republic of Turkey, so as to implement the money and credit policy within the framework of development plans. In the second half of the 1980s, the Bank inaugurated interbank money market, foreign exchange money market and started to make use of open market