Turkish economy minister sees lower rates as vital after Erdogan victory


  • World
  • Monday, 11 Aug 2014

Turkey's incumbent President Abdullah Gul and his wife Hayrunnisa Gul cast their ballots during presidential elections in Ankara August 10, 2014. REUTERS/Umit Bektas

ANKARA (Reuters) - Turkey's government will maintain its calls for lower interest rates following Prime Minister Tayyip Erdogan's victory in the country's first direct presidential election, the economy minister said on Monday.

Turkey has emerged as a regional economic force during more than a decade under Erdogan as prime minister, his firm leadership following a long period of economic chaos and political drift in the nation of 77 million.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

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

U.S. stocks close mixed
Xi says he enjoys Yugoslav films, songs when young
Crude futures settle higher
U.S. dollar ticks up
Urgent: Hungarian PM Orban and his wife at Budapest Airport to welcome Xi
North Macedonia’s opposition holds strong lead in parliamentary election
Blast in north Afghanistan kills three Taliban security personnel
Int'l book fair opens in Iran's capital
Four UK editors named in Prince Harry's phone-hacking lawsuit against Daily Mail
Spanish retailers introduce WeChat Pay, Alipay for Chinese tourists

Others Also Read