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Former Turkish Minister: Erdogan's policies have brought the country to the brink of destruction

2020-09-21T12:34:59.470Z


Ankara-SANA, former Turkish Minister of Economy Ovuk Suyilmaz confirmed that the president of the regime, Recep Tayyip Erdogan, has pursued policies


Ankara-Sana

Former Turkish Minister of Economy Ovuk Soylmas confirmed that the President of the regime Recep Tayyip Erdogan pursued dangerous and failed economic and financial policies that brought Turkey to the brink of destruction and bankruptcy.

In an interview with "KRT" channel, Swilmaz referred to the great decline in the Turkish lira, explaining that Erdogan and his son-in-law, Minister of Treasury and Finance Prat Al-Bayrak, do not understand anything about the economic rules that require seriousness and confidence internally and externally.

Suyilmaz pointed out that the loss of this confidence explains the reason for Ankara's failure to obtain foreign loans and the flight of foreign capital from Turkey, which suffers from a serious external debt crisis that reached 470 billion dollars, as well as internal debts that are no longer covered by even taxes that burdened the citizen after the unemployment rate reached About 14 percent is expected to increase, with hundreds of companies going bankrupt every day, after Erdogan's government sold $ 70 billion worth of public sector institutions and is now planning to sell the rest of them.

Suilmaz pointed out that the expenses of military activities abroad, especially spending on terrorists, are among the most important causes of the financial crisis in Turkey.

The Russian "Finance Row" website revealed last June that Erdogan began to request financial aid from Britain and Japan, amid the financial crisis that ravaged his country and the collapse of the economy.

Source: sena

All news articles on 2020-09-21

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