Turkey will bring in structural reforms to break the “triangle of evil” of interest rates, inflation and exchange rates, President Tayyip Erdogan said on Saturday, adding Ankara was determined to form a system based on production and employment.
Erdogan promised a slate of judicial and economic reforms last month, leading to expectations of the possible release of politicians, including Kurdish ones, and human rights advocates from jail. But, Erdogan’s recent comments on court rulings and criticism aimed at his government have fueled skepticism about his pledge.
Speaking via video link at a ceremony in Ankara, Erdogan said Turkey was carrying out the democratic reforms not because it was “forced” to do, but because “our people deserve them,” adding that efforts to present the reforms to parliament would move swiftly.
Turkey’s defense minister flies to Libya to inspect Turkish units: Media reportTurkish Defense Minister Hulusi Akar traveled to Libya on Saturday flanked by top military officers to inspect Turkish units in the war-torn country, ... Middle East
Video: Icy roads wreak havoc in Turkey’s AnkaraIcy road conditions caused havoc in Turkey's capital of Ankara on Thursday with many drivers losing control of their vehicles and skidding down the ... Variety
Turkey hikes main interest rate to 17 pct, promises further monetary tighteningTurkey’s central bank sharply hiked its key interest rate by 200 basis points to 17 percent, in a larger move than expected as it aims to cool ... Economy