Advice from Nihat Zeybekci... 'I wouldn't invest, I'd put it in interest'

The economic crisis that has persisted in Turkey for a long time is bringing new debates in politics and the business world. Especially after the arrest of Istanbul Metropolitan Municipality Mayor Ekrem İmamoğlu, the new fluctuations in economic indicators have begun to cause the government's economic policies to be questioned once again.

Minister of Treasury and Finance Mehmet Şimşek continues his search for investors worldwide during this process in order to ensure the inflow of foreign currency and capital into Turkey.

While Şimşek is trying to establish trust in international financial circles, a statement from his own party revealed how challenging these efforts are.

AKP Deputy Chairman in charge of Economy Nihat Zeybekci targeted high interest rates and used the following noteworthy expressions:

"Let's assume I have my own money during a period when interest rates are this high. I wouldn't invest with that money in this environment. I wouldn't engage in production with that money. I would put that money into interest while rates are this high. If the interest rate falls below 30 percent, then people would say, 'Forget the interest,' and invest in production."