Turkish Government, which has caused TL to lose value with the rise of the dollar, is going through difficult times. The common problem of most of us is the lack of livelihood; everything is expensive, yes the minimum wage has been increased, but this does not cover anything.
The President Erdogan, who has long argued that high interest rates cause inflation , has pushed for low borrowing costs to stimulate the Turkish economy, boost growth and export.
The weakened lira is driving prices higher, making imports, fuel and everyday goods more expensive. Many people in the country of more than 83 million are struggling to buy food and to provide for other basic needs.
A new economic policy together with enhancement in justice system , a new unbiased management of the Central bank of Turkish Republic is urgent.
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