Turkey’s Erdogan set for economic U-turn and steep interest rate hike

2023-06-22 01:24:45

“It is a risk, but it’s a difficult circle to square,” says Ozge Zihnioglu, senior politics lecturer at the University of Liverpool. “He has to do something for the economy, but a clear shift to orthodox economic policies would hit a large section of society and he wouldn’t want to have that impact on local elections [next year].”

1687413481
#Turkeys #Erdogan #set #economic #Uturn #steep #interest #rate #hike

Share:

Facebook
Twitter
Pinterest
LinkedIn

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.