How will Turkey’s presidential run-off shape the economy?
Video duration 25 minutes 15 seconds
Rising inflation and a declining lira will be top priorities for whoever wins the presidential runoff on May 28.
It was not an outright victory for Recep Tayyip Erdogan in Turkey’s presidential election. But the outcome also disappointed the opposition, which was more united than ever.
A second round will take place on May 28, in which the state of the economy is central to voters.
President Erdogan was criticized for cutting interest rates at a time of skyrocketing inflation – when most central banks did the opposite to keep prices down. If the opposition wins, it could mean a rethink of its policies.
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