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Journalist Fatih Altaylı, in a statement from Silivri Prison, evaluated the meeting between President Recep Tayyip Erdoğan and former Treasury and Finance Minister Nureddin Nebati.
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Altaylı stated that if this meeting results in a change at the Ministry of Treasury and Finance, the Turkish economy could face a severe crisis.
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“THE DOLLAR COULD HIT 70 LIRA IN A MONTH”
Emphasizing that current credit ratings are due to Mehmet Şimşek being in charge of economic management, Altaylı said, “If Nebati returns, Turkey’s credit rating would fall to unimaginable levels in a week. The dollar could see 70 lira within a month.”
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Stating that Mehmet Şimşek is a “lesser of two evils” figure who speaks the same language as international financial circles, Altaylı expressed that Nebati could only return for ‘populist’ policies ahead of an election.
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“IT WOULD BE A BREAK FROM ECONOMIC REALITIES”
Altaylı described a potential return of Nebati as an “epistemological break from the realities of the economy” and said that Turkey would rapidly lose altitude in such a situation. He added, “I do not expect Nebati to sit in the ministerial chair again at this moment.”
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FOREIGN POLICY CRITICISM: ZANGEZUR CORRIDOR
In his assessment, Altaylı also touched upon the Azerbaijan-Armenia peace process. Stating that the U.S. taking control of the Zangezur Corridor for 99 years would strain Iran and Russia, he said, “If Turkey were a regional power, we would have organized this peace ourselves.”
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“THE CLAIM OF BEING A REGIONAL POWER IS NOT REALISTIC”
Altaylı stated that Turkey has lost its strategic influence with this process organized during the Trump era, and continued his words as follows:
“Control of the Zangezur Corridor should have been given not to a country 10,000 kilometers away, but at least to a regional consortium. This development is not in the interest of the region.”
News Source : 12punto