Erdogan: Turkey adopts structural reforms to overcome the triangle of evil – Interest rates, inflation and exchange rates – International



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Turkey will adopt structural reforms to overcome the “triangle of evil”: interest rates, inflation and the exchange rate, President Tayyip Erdogan said on Saturday, adding that the Ankara authorities are determined to form a system based on production and work, Reuters reports. .

Erdogan promised a series of economic and judicial reforms last month, raising expectations for the release of politicians and human rights lawyers, according to Agerpres.

But recent statements by the Turkish president about court rulings and criticism of the Ankara government have fueled skepticism about his commitments.

Turkey is implementing democratic reforms not because it has been “forced” to do so, but because “the people deserve them,” Erdogan said, adding that efforts to introduce reforms in parliament are accelerating.

“We hope to overcome the problems caused by the economic attacks and the measures taken to stop the coronavirus pandemic (COVID-19) as soon as possible. By accelerating structural reforms we are determined to form a system based on production and work, and win”. the triangle of evil “: interest rates, inflation and exchange rate,” said the Turkish head of state.

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