Ankara’s backstage is boiling: Naci Ağbal to become finance minister?



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The Justice and Development Party, whose leader is President Recep Tayyip Erdogan, will hold its 7th Ordinary Grand Congress on March 24, 2021.

A cabinet change is expected before the congress.

Non-political figures were predominantly employed in the first cabinet of the presidential system of government. It is said that some names from the AKP administration and Parliament will participate in the new cabinet.

In the lists that circulate backstage in Ankara during the last week, it is played ‘looking toto’.

It is said that President Erdogan will finalize the change of cabinet this weekend, and it is said that the ministers who will be removed will take them to the Central Decision and the Board of Directors, the highest administrative body of his party.

ALLEGED TO BE DIVIDED BY FOUR MINISTRIES

The expectation that the number of ministries will increase in the new cabinet is quite high. It is observed that the Ministry of Culture and Tourism, the Ministry of Labor, Family and Social Services and the Ministry of Environment and Urbanization can be divided.

Another institution that is planned to be divided in two is the Ministry of Finance and Finance.

The president of the Central Bank of the Republic of Turkey today, former AKP deputy Naci Ağbal, will be suspended by presidential decree published in the Official Gazette of Prof. Dr. Laahap Kavcıoğlu’s introduction strengthened the claim that the Ministry of Finance and Finance, one of the politicians behind the scenes, would be divided.

Sources suggest that Lütfi Elvan will continue to serve as Treasury Minister and Naci Ağbal, who left the Central Bank, will be appointed Finance Minister.

SIGNAL OF CHANGE IN ECONOMIC MANAGEMENT

On the other hand, it is established that all ministries related to economic management will be subordinate to the newly appointed Vice President.

Indeed, President Recep Tayyip Erdogan said at the meeting where he announced the economic reform package last week: “We are establishing two new structures to closely monitor and manage all developments in the economy, the first of which is the Economic Coordination Board, which will function under the presidency of our vice president. The second is the financial stability committee that will carry out its activities under the presidency of our Minister of Finance and Finance. “We are strengthening communication mechanisms by increasing transparency, predictability and coordination in our economic and financial policies with these new structures that we will create.”

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It may interest youFT's Naci Ağbal Commentary: Shock StepFT’s Naci Ağbal Commentary: Shock Step



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