Erdoğan set to wield greater power over Turkish economic policy
President has said central bank’s rate hikes have helped boost inflation
Turkey’s President Recep Tayyip Erdoğan will make it a major priority to cut interest rates while also lowering inflation, Binali Yildirim, the country’s outgoing prime minister, told state-run Anadolu news agency today (July 5).
Erdoğan’s powers have grown significantly after Turkish voters supported the adoption of a presidential republic to replace the previous parliamentary system in a referendum last year.
Yildirim supports the unorthodox economic views expressed by other members of the
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