...Turkey's version of Mohammed Morsi but they voted him back in so they deserve him. It's a sin, a shame, and a felony to insult the president of Turkey. In Anatolia did Recep Bey a stately Presidential Palace decree, that has 1100 rooms. That's 968 more than there are in the White House, 400 more than in Versailles, and 325 more than Buckingham Palace, so you know who's really most important...appointed a new treasury and finance minister early Thursday after Lutfi Elvan stepped down from the post as the currency has been tumbling to record lows.
That'll do it.
Erdogan named Nureddin Nebati, who was deputy minister, to the post, according to an announcement published in the Official Gazette. It said Elvan asked to be "pardoned from the job" and that his request was accepted.
His resignation comes as the
Erdogan strongly argues that high interest rates cause inflation — contrary to conventional economic thinking — and has made clear that the country would press ahead with rate cuts.
The president has dismissed three central bank governors since 2019 over differences on interest rates.
Nebati, 57, has a doctorate in political science and public administration.
"May God make it easy, not difficult. My God, help bring things to a beneficial conclusion. Give us truth in our work, make us successful," Nebati wrote on Twitter after his appointment.
Elvan himself had replaced Erdogan's son-in-law, Berat Albayrak, who resigned last year.