Don’t wait for polls to defend Turkish Lira: Good Party leader

Don’t wait for polls to defend Turkish Lira: Good Party leader

ANKARA
Don’t wait for polls to defend Turkish Lira: Good Party leader

Good (İYİ) Party leader Meral Akşener has called on the government to “urgently re-establish confidence” in the economy

“In this case, the significance of the Central Bank’s independence and its merits have appeared once again. A comprehensive monetary and fiscal policy normalization should be made without losing any time and the market should be shown that this country’s economy is not vulnerable. Trust must be restored urgently,” Akşener said in a written statement on May 23.

She criticized the current government’s economic administration for “not seeing the realities” and for not admitting “its mistakes” for the last past 16 years.

In a reference to the government rhetoric that the money market and economy is in recession due to foreign intervention, she noted that Turkey’s economy is not “collapsing” due to foreign forces.

“If we are under a financial and economic attack as the government claims, the biggest mistake to make is to remain indifferent to this attack. This is to accept defeat from the beginning,” she said.

Akşener blamed the government of “arrogance” and said the ruling party preferred consuming without producing as the main economic policy.

The government has borrowed money and has spent it on construction, she said, noting that Turkey’s foreign deficit has increased from $130 billion to $450 billion.

The government should let the Central Bank free, she said. “The way to solve it is to trust institutions and the people you have assigned and to free their hands,” said Akşener.

Meral Akşener, İYİ Party, economy, Turkey, lira, dollar, Central Bank, confidence