Ankara-Sana
The head of the Democratic and Development Party in Turkey, Ali Babacan, confirmed that the Turkish budget recorded a historical deficit due to the wrong management of the economy and the extravagance of the regime headed by Recep Tayyip Erdogan.
The Turkish Zaman newspaper quoted Babacan as saying in a tweet on Twitter that the new economic program announced by the regime's finance minister, Berat Al-Bayrak, Erdogan's son-in-law, reveals and confirms “Turkey's transformation into a poor country,” indicating that the budget deficit was $ 24 billion in 2015, but it has now reached 239. Billion dollar.
He explained that the Turkish gross national income was $ 961 billion in 2013, but it declined during the current year to $ 702 billion, indicating that the total per capita national income in 2013 was $ 12,954, but this year it declined to $ 8,381.
Babacan, who served as Minister of Economy between 2009 and 2011, warned that the government of the Turkish regime would bring Turkey back into the cycle of loan interest, stressing that unemployment is the largest and most important economic crisis facing Turkey.
For his part, the head of the opposition Turkish Republican People's Party, Kemal Kılıçdaro اعتبرlu, considered that the steps that were rejected by economists and insisted by Erdogan and his finance minister in 2018 had harmed the local currency and raised inflation levels, expressing his mockery of the statements of the Erdogan regime’s finance minister and his announcement of the new economic program of the AKP government.
Turkey is witnessing a significant deterioration of its currency due to the deteriorating political and security conditions as a result of the repressive practices of the Erdogan regime under the pretext of the coup attempt in mid-July 2016, which led to economic repercussions on the country, including the decline in tourism and investments and the decline in foreign exchange revenues, in a way that reduces the confidence of foreign investors in the Turkish economy.