Turkey’s ruling Justice and Development Party (AKP) has made little headway in restoring economic confidence among consumers and investors since economic turmoil hit in 2018, a setback that will inevitably bear on its political fortunes as it marks its 18th year in power. Indicators reflecting domestic and foreign confidence in the country’s economy remain lackluster even after drastic government moves to sway central bank policies in a bid to jumpstart economic revival.

Read more: https://www.al-monitor.com/pulse/originals/2020/02/turkey-akp-could-not-restore-economic-confidence.html#ixzz6DEvi6nUL

Written by Mustafa Sönmez