Turkey's economic panorama is critical.In recent weeks inflation has fired 20%, increased the cost of life of many Turkish families, while the lyre has reached historical minimums.The national currency has lost more than 40% of its value against the American currency;A dollar is currently equivalent to 13.95 Turkish Liras.

In the midst of this serious situation, Turkish president, Recep Tayyip Erdogan, has appointed a new finance minister.Nureddin Nebati, a man of trust of the president, will replace Lufti Elvan after his resignation.Elvan was a minister since November 2020, after Erdogam's son -in -law, Berat Albayrak, renounced office.The former minister occupied between 2015 and 2016 the post of VicePrimer Minister.

Nebati, 57, has a degree is Public Administration and Doctor of Political Science and Public Administration from the Kocaeli University, in addition, it has a Master in Social Sciences from the University of Istanbul.The new minister will have to manage and present solutions that can face the deep economic crisis that the country is going through.This change is not the first that occurs in the economic field.Since 2019, Erdogan has dismissed three governors from the Turkish Central Bank who refused to lower interest rates.Specifically, the dismissal of Naci Agbal caused criticism by international investors and economists.

In addition to Nebati's appointment, Ankara has presented other measures to stop the collapse of the lyre, such as intervention in currency markets.The Central Bank of Turkey has announced that "it will intervene directly into the market through sales transactions due to unhealthy price formations in the exchange rate".Despite government's plans, several economists have indicated that inflation will continue to increase.

How to transfer to Money Order to a prepaid credit card online https: // t.CO/LY9HXDO2HC #MARKETING ... https: // t.CO/M6RUQNVGGB

— Babies TV Fri Sep 06 11:28:12 +0000 2019

This financial situation has caused Erdogan's popularity to collapse.The prestige of the Justice and Development Party (AKP) has reached a historical minimum last month, according to national surveys.The Turkish population has also taken to the streets to express its discontent in the face of the economic policies developed by the Government.However, Erdogan has blamed "abroad agents" of the devaluation of the lyre against other international currencies.“There are foreign agents who are not attacking, trying to discredit our struggle for economic liberation.But it doesn't matter what they do, we will not abandon our economic program, ”said the Turkish president in the city of Esmirna, according to the Sputnik agency.In recent weeks, Erdogan has come to talk about "Economic War".Despite the president's statements, thousands of citizens have continued to demonstrate in cities such as Istanbul or Ankara.

The political opposition has also echoed economic uncertainty.Kemal Kiliçdaroglu, president of the Republican Party of the People (CHP), said last week that Erdogan and his supporters only have one objective: "impoverish Turkey"."Every time the Turkish lyre lost value, Erdogan was happy for those who had accounts in dollars," he said, accusing the president of serving the interests of the privileged classes.Kilicdaroglu and Meral Aksener, president of the IYI party, proposed early elections, but Erdogan rejected the proposal, asking voters not to be attracted to the opposition.

As reported by the medium to Arab, some surveys have predicted Erdogan's defeat in the next elections, highlighting the mayors of Istanbul and Ankara, Ekrem Imamoglu and Mansur Yavas, both of the CHP, as possible candidates in the second round.

On the other hand, Sila Demiraralp, Professor of Political Science at the University of Istanbul, points out that "the AKP has lost 40% of its supporters since the 2018 elections", although it also remembers that "about 10% are confused".For this reason, Demiralp emphasizes that "the opposition must make great efforts to convince them of the seriousness of their economic policy".However, it also considers that the opposition "must ensure that it does not represent a threat to the way of life of conservative voters".