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His finance minister resigned Turkey and son-in-law of President Recep Tayyip Erdogan, Berat Albayrak.
Albayrak resigned citing health reasons as stated in a post on his Instagram account.
“After holding ministerial positions for almost five years, I decided not to continue my service (as finance minister) due to health problems,” said Berat Albayrak.
At the same time, there are reports that his account was hacked and that he or his associates did not post the ad. There is a lot of gossip right now about the political processes in Ankara
It is observed that the Turkish pound is at historical lows, having lost 30% of its value since its inception. year.
Yesterday, Saturday, Erdogan “removed” the central banker from his position Murat Uisal, replacing him with the former Minister of Finance Nachi agbal
The decision to replace him Uisal was done by presidential decree, which was published in Government Gazette.
However, the reasons for the removal of the central bank governor have not been officially announced. Turkey.
The Turkish pound closed with the exchange rate 8.5445 against the dollar on Friday.
Erdogan had chosen him Uisal for the position of central banker in July 2019, when … he fired his predecessor Murat cetinkaya because it didn’t cut interest rates to boost the economy.
The Turkish president, facing financial difficulties at home and has been quite open “fronts» external politics, has repeatedly asked for a reduction in borrowing costs.
In fact, last weekend he claimed that Turkey Situated in economic warfare.
The new central banker, Naji agbal, served as Minister of Finance from 2015 to 2018 when he resigned as head of its management presidential strategy Y budget.
