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Erdogan says will lower Turkish prices soon as possible

Published 01/12/2022, 04:39 AM
Updated 01/12/2022, 04:41 AM
© Reuters. FILE PHOTO: Turkish President Tayyip Erdogan addresses the media after a cabinet meeting in Ankara, Turkey, December 20, 2021. Murat Cetinmuhurdar/PPO/Handout via REUTERS

ANKARA (Reuters) - Turkey will bring prices down as soon as possible, President Tayyip Erdogan said on Wednesday, after annual inflation soared above 36% in December due largely to a currency crisis brought on by his unorthodox low-rates policy.

In a speech to lawmakers from his ruling AK Party in parliament, Erdogan said the inflation figures were not in line with economic realities in Turkey and he hoped to see the benefits of Ankara's economic policy in the summer.

Latest comments

Thats not how that works, but good luck. Venezuela pt. 2 in Turkey, shame to see what happens when an arrogant “strongman” style leader gets too much control over the system.
I thought you are a Communist?
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