Turkish President Recep Tayyip Erdogan called inflation the country's most pressing issue in his victory speech and vowed to lower it, just as interest rates — which, at his own insistence, fell to 8,5% from 19% where were two years ago.
"We are planning an economy focused on investment and employment, with a management team of international renown," Mr Erdogan assured his supporters in Ankara after winning the second round of Turkey's presidential election on Sunday.
Source: ΑΠΕ ΜΠΕ