Turkey's political turmoil casts a pall on reforms and investor confidence


  • World
  • Thursday, 05 May 2016

People walk past a display board of a currency exchange office in Istanbul , Turkey May 5, 2016. REUTERS/Osman Orsal

ISTANBUL (Reuters) - Turkish Prime Minister Ahmet Davutoglu's departure has raised hard questions about the government's ability to tackle slowing growth and pass the structural reforms that many investors are demanding.

Davutoglu said on Thursday he was stepping down as leader of the ruling AK Party at an extraordinary congress on May 22, ending weeks of speculation about his future amid tensions with President Tayyip Erdogan.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

Aerosmith frontman Steven Tyler wins dismissal for good of sexual assault lawsuit
Nearly 23 pct of Canadian population reported food insecurity in 2022
Canada announces investment to grow semiconductor supply chain
U.S. stocks close higher
Feature: Chinese firms eager to showcase new products at Spain seafood fair
Slovenia's jobless rate falls to historic low
Crude futures settle higher
U.S. dollar ticks up
Turkish court sentences Syrian woman to life in prison over Istanbul bombing
Students at Stanford University hold pro-Palestine demonstration

Others Also Read