• Episode 20-Turkey’s Economic Shift: Crisis or Comeback?

  • May 20 2024
  • Length: 59 mins
  • Podcast

Episode 20-Turkey’s Economic Shift: Crisis or Comeback?

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  • Summary

  • Since the May 2023 Presidential elections, Turkey's economic policy has changed significantly. Mehmet Şimşek, now the finance minister, signals a return to orthodox economic policymaking. This includes raising interest rates and implementing key reforms.

    However, challenges persist with a weak currency, high inflation, and declining FDI. The March 2024 local elections marked a critical moment as Erdogan and the AKP suffered a major defeat.

    In our 20th episode, we spoke with Serhat Süha Çubukçuoğlu from TRENDS Research and Advisory, an Abu-Dhabi based geopolitical advisory firm based

    In this episode, we covered several topics including:

    • Look at Turkey's economic reforms since 2023 Presidential elections
    • Examining the rapprochement with Gulf countries like the UAE and Saudi Arabia
    • Turkey's FDI landscape and the challenges in attracting capital

    You can email your comments, feedback or suggestions to us: hassan@majlisandmarkets.com

    Intro theme song-'Tales of the Arabian Nights' composed by StudioKolomna via Pixabay
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