2023-06-03 13:41:33
Turkish President Tayyip Erdogan is set to be sworn in again on Saturday following his recent election victory. He is going to hold the position of Turkish President for the third time, who ruled with authoritarian tendencies.
Erdogan has been in high power positions in Turkey for 20 years. He has been facing various criticisms from the people of the country who has been the Prime Minister and the President. The country’s ongoing economic crisis and the slowness of recovery efforts after an earthquake in February that killed more than 50,000 people have led to accusations against his government in the election. However, Erdogan won the election.
At 69, Erdogan is already the longest-serving president in the history of the Turkish Republic. He has been re-elected as president for another five-year term, extending his tenure to 2028. There is a possibility that he will hold the position for a long time through the country’s parliament.
Did the coronavirus leak from a Wuhan lab? Shocking information from a Chinese scientist
In the late 2002 elections following Turkey’s worst economic crisis since the 1970s, his AK The party won. Erdoğan became Prime Minister for the first time in 2003. In 2014 he became the country’s first popularly elected president.
He was re-elected as president in 2018 after receiving new executive powers for the presidency in a 2017 referendum. He won the election held last May too by getting 52.2% votes.
He is also set to reshuffle Turkey’s cabinet after Saturday’s swearing-in ceremony. According to reports, the swearing-in ceremony will take place in Ankara around 3 pm local time. Former finance minister Mehmet Simsek is said to be a certainty in the new cabinet. Also, it is said that there is a possibility of interest rate hike being announced.
Ajay Banga takes over as World Bank president; He is of Indian origin
Simsek served as Finance Minister and Deputy Prime Minister from 2009 to 2018. He was highly regarded by investors then. His departure from the cabinet, which had mastered inflation and interest rates for years, was a setback in the country’s efforts to tackle the economic crisis.
In this context, economists have warned that if current policies continue in Turkey, the economy is headed for major turmoil. They have warned that if current policies continue, the economy is headed for turmoil. The value of the Turkish Lira has been experiencing a continuous decline in recent years. It hit an all-time low in the days following the recent presidential election.
The country that declared sex as a game! Next week the championship match starts..
Last Updated Jun 3, 2023, 5:22 PM IST
#Tayyip #Erdoğan #sworn #3rd #term #President #Turkey #Action #change #cabinet