Turkey: The opposition reveals the solution to the lira crisis
The AKP faces a real problem with its popularity, which threatens to continue its presence in power in the coming period.
- Reconnaissance… Erdogan’s popularity and his alliance continue to collapse
- Turkish lira increased to a record low versus the dollar
Reuters said: Voters who have voted for the AKP for many years may not support President Recep Tayyip Erdogan in the upcoming election.
Erdogan’s appeal was based on the fact that millions of religious conservatives, who had long felt ignored by the secular elite, were fascinated by economic growth and the president’s action on the basis of conservative values, the analysis said.
The analysis added that the ruling party’s dominance of Konya, known as the AKP’s stronghold, is now on the verge of being lost due to an “unprecedented series of problems”.
Erdogan won 75% of the vote in the 2018 presidential election in Konya.
The analysis shows that President Recep Tayyip Erdogan has ruled Turkey as Prime Minister and then as President since 2003, and three years ago took steps to strengthen a centralized system and assumed broader powers under a new executive order.
“According to the analysis, with this system, power was wrested from institutions and ministries, and it was withdrawn to the presidential palace in Ankara”.
According to Reuters, “Erdogan’s task is now made more difficult by the presidential model he advocated and implemented, because he needs an absolute majority of votes at the ballot box”.
The Republican People’s Party vice-president and spokesman Faiq Oztrak said: “Early elections are the solution to Turkey’s crisis”.
The deputy chairman and Republican People’s Party spokesperson held a press conference after the meeting of the Republican People’s Party Central Executive Council chaired by party leader Kemal Kilicdaroglu.
Noting that the country’s debt and interest burden is gradually increasing, Oztrak said: “Countries with economies similar to Turkey have increased or are preparing to increase interest rates”, Zaman reported.
Oztrak explained that at present the most important thing for the Turkish economy is to end excessive exchange rate volatility and instability in the economy.
Oztrak continued: “The problems are too big. Our nation is now waiting to reach the ballot box as soon as possible. There is no other way to overcome the crisis. The ballot box is the most effective intervention for both the foreign exchange market and the interest rate”.
Turkey’s opposition parties are increasingly demanding early elections, while President Recep Tayyip Erdogan insists on a no, as the economic crisis has dramatically affected his popularity.