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Turkish President Recep Tayyip Erdogan accepted the resignation of his son-in-law as Finance Minister. This was announced by Erdogan’s office.
The president paid tribute to the services of Berat Albayrak as finance minister, who led the country through crises such as the pandemic crown with “minimal damage,” he said. Late at night, Erdogan finally appointed former Transport Minister Lütfi Elvan as Albayrak’s Finance Minister.
The resignation is likely a reaction to the change of direction at the central bank
Albayrak had surprisingly announced his resignation via Instagram on Sunday night. He gave reasons for the health problems.
Observers assumed that Albayrak’s resignation was related to the appointment of Naci Agbal as the new central bank director. Agbal himself was Turkey’s finance minister from 2015 to 2018, succeeding Murat Uysal, whom Erdogan fired without explanation on Saturday night.
Agbal initially announced that he wanted to counter the ongoing decline of the Turkish lira with the central bank. “The necessary monetary policy decisions are being made,” Agbal said.
President Erdogan had left open for more than 24 hours if he would accept the resignation. The fact that Albayrak’s resignation was initially not a problem in the country’s mainstream media, most of which are close to the government, also caused irritation.
Albayrak had been Turkey’s finance minister since July 2018. Meanwhile, Erdogan’s daughter Esra’s husband was changed as his successor to the head of the ruling AKP party, but according to the dpa news agency, he was losing every time. more popularity.
According to a Metropoll poll, approval for the party itself is currently at an all-time low. Therefore, not even 30 percent of the Turkish electorate would vote for the AKP, more than almost ever since its founding.
