President Recep Tayyip Erdoğan's economic policy in Turkey

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In Turkey, President Recep Tayyip Erdoğan took a Utern in economic policy.

According to British media, the interest rate in Turkey has been increased from 8.5% to 15%.

According to reports, the interest rate hike is the new economic team’s new policy to tackle inflation.

In this regard, the British media say that this is the first increase in the interest rate in Turkey since December 2020, while the Turkish president used to insist on keeping the interest rate low.

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