New Turkish Prime Minister, President Erdogan's determination to bring down the dangers of inflation
Turkey's new finance minister, President Rizb Tayyip Erdoğan's son-in-law Beat al-Bakr has expressed his commitment to reduce the rate of inflation and bring it to a number.
The eldest Turks president is the daughter of Era. She has been appointed Minister for Finance and Economic Affairs on Monday in the new cabinet. He was the minister of energy in the previous cabinet.
"In the forthcoming period, we will work with the fishermen to bring inflation to a single number," he said at the functioning of the Deputy Minister of Finance and Deputy Prime Minister Mohammad Simsk.
The rate of inflation in Turkey increased by 15% in Turkey. During the past half a decade, it is the first time that inflation has increased so much. It has created these concerns that Turkey's economy probably leads to anxiety.
Forty-year-old Al-Bakr promised to demonstrate "more successful performance on the basis of independent institutions" in the coming time to improve the economy of the economy, and said Turkey has set an example for the world in the management of financial and hostage He expressed his determination to act on a financial policy but did not explain any further details.
They also promised that Turkey will make a new story.
Reduction of Turkish currency value
After the appointment of Al-Bakar's finance minister, the price of Turkish Lira has decreased by more than 3.5% in comparison to the dollar Monday and market share of the relationship under the new system from President Bank of India Recep Tayyip Erdoğan. I have also been stuck. However, compared to the dollar, Lera had a slight improvement in value and 0.5% increase in its value has been seen.
President Tayyip Erdoğan has emphasized the deduction of interest rates on Turkey's main bank in recent months in recent months. The critics say they are trying to get the main bank's independence.
New presidential frames have been carried out to control their main bank options. It has been said that the governor of the central bank now has no power to appoint his deputy and the president will nominate the governor directly and they will not even need consultation with the government.
"President Erdoğan is trying to strengthen its grip (at institutions), which is very dangerous," says Jason Tuyne, an economist at Capital Economics. Turkey's financial assets have been under pressure in this context. '.
The eldest Turks president is the daughter of Era. She has been appointed Minister for Finance and Economic Affairs on Monday in the new cabinet. He was the minister of energy in the previous cabinet.
"In the forthcoming period, we will work with the fishermen to bring inflation to a single number," he said at the functioning of the Deputy Minister of Finance and Deputy Prime Minister Mohammad Simsk.
The rate of inflation in Turkey increased by 15% in Turkey. During the past half a decade, it is the first time that inflation has increased so much. It has created these concerns that Turkey's economy probably leads to anxiety.
Forty-year-old Al-Bakr promised to demonstrate "more successful performance on the basis of independent institutions" in the coming time to improve the economy of the economy, and said Turkey has set an example for the world in the management of financial and hostage He expressed his determination to act on a financial policy but did not explain any further details.
They also promised that Turkey will make a new story.
Reduction of Turkish currency value
After the appointment of Al-Bakar's finance minister, the price of Turkish Lira has decreased by more than 3.5% in comparison to the dollar Monday and market share of the relationship under the new system from President Bank of India Recep Tayyip Erdoğan. I have also been stuck. However, compared to the dollar, Lera had a slight improvement in value and 0.5% increase in its value has been seen.
President Tayyip Erdoğan has emphasized the deduction of interest rates on Turkey's main bank in recent months in recent months. The critics say they are trying to get the main bank's independence.
New presidential frames have been carried out to control their main bank options. It has been said that the governor of the central bank now has no power to appoint his deputy and the president will nominate the governor directly and they will not even need consultation with the government.
"President Erdoğan is trying to strengthen its grip (at institutions), which is very dangerous," says Jason Tuyne, an economist at Capital Economics. Turkey's financial assets have been under pressure in this context. '.
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