Istanbul election rerun brings Turkey fresh economic turmoil (Al Monitor, May 11, 2019)
ARTICLE SUMMARYThe cancellation of the opposition victory in the mayoral race in Istanbul has raised…
Turkey’s so-called city hospitals — sprawling medical complexes that President Recep Tayyip Erdogan has touted as a “dream” project — have come to produce such colossal bills for taxpayers that not even prodigality could explain away the irrational “build-operate-lease” model on which they rest. While the urgency of the COVID-19 pandemic has overshadowed the unprecedented costs, monthly budget spending figures by the Health Ministry suggest that the city hospitals might swallow up tens of billions of dollars in public money by the time their 25-year contracts with the government end.
Read more: https://www.al-monitor.com/pulse/originals/2020/08/turkey-city-hospitals-threaten-financial-black-hole-pandemic.html#ixzz6X4suCxFt