Babacan Central Bank reaction: bureaucrat cannot be blamed



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DEVA Party Chairman Ali Babacan spoke at the 1st Ordinary Provincial Congress of his party in Mardin.

Babacan harshly criticized the removal of the Central Bank governor, Murat Uysal, and the appointment of Naci Ağbal to the vacant presidency of the Central Bank.

“WITHOUT A YEAR OF ARRIVING AT THE OFFICE, IT HAS BEEN REMOVED BY OPERATION”

Stating that “problems” especially in the economy are growing rapidly, Babacan said: “With an operation at midnight last night, with a single signature operation, the Governor of the Central Bank has not been in office for almost a year. , was dismissed and a new President of the Central Bank was appointed. The main reason for what happened in the economy; “We must never forget that it was the Presidential System of Government with the Party and the bad government that excluded the corporate mind and the common sense, it destroyed merit and destroyed our entrenched institutions. “

“ALL THIS IS NOTHING BUT THE REFLECTION OF A BAD MANAGEMENT”

“If the common mind is destroyed, the reputation of the institutions is destroyed, if you say ‘I will do everything’, the Presidential System with the Party will make the country like that,” said Babacan. The appointment of the president is but a reflection of all this mismanagement. “It is not possible to solve the problems of this country if this system does not change, the Presidential Government System, and this mentality that governs us does not change.”

“WHAT HAPPENED TO THE DIRECTOR OF A CENTRAL BANK TO DO WHAT THEY SAID?”

Saying they changed the previous Central Bank governor by saying ‘he is not listening to this word,’ Babacan said: “They brought in a Central Bank governor to do what they say. What happened? Once again, the exchange rate continues, unemployment has taken its toll ”.

“THE PAYMENT OF INTEREST UP TO 179 BILLION NEXT YEAR”

Babacan noted that interest payments rose rapidly in Turkey, “When I leave the interest payment of 53 billion, it turns out to be 179 billion next year. When we leave 24 billion, the budget deficit is 239 billion this year. Now they are trying to take the responsibility for all this mismanagement, all this problem, to a single bureaucrat. “Neither the president nor the economic administration can escape the responsibility of the economic collapse and this negative picture by changing the people who strictly follow their instructions “.

“YOU CANNOT AVOID YOUR LIABILITY BY LEAVING THE CRIME AT A BUREAUCRADOR”

Babacan continued his explanation with the following words:

* This government made the country like this. You cannot escape this responsibility by changing to a bureaucrat who does nothing but do what you say, blaming you.

* It’s not that easy. These people are not so naive. We know them all. We also know what they are trying to do. Currently, this country is unfortunately not transparent and badly governed. We all pay the price, and we are paying a very high price.

It may interest youHere's the 16-month Murat Uysal period of the CBRT in 10 articles.Here is the 16-month Murat Uysal period of the CBRT in 10 articles



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