Recep Tayyip Erdogan appointed a new government, with only two ministers from the previous government. The main challenge facing the new government is stabilizing the Turkish economy.

The economic recovery process will be entrusted to Mehmet Shimshke, a renowned economist who served as finance minister and deputy prime minister between 2009 and 2018. Turkey's "No. 1 spy," considered the closest to Erdogan, will now deal with the many political issues facing Ankara, chief among them the ongoing war between Russia and Ukraine.